Mitie Group (LON:MTO)‘s stock had its “buy” rating reissued by analysts at Liberum Capital in a research note issued on Thursday, ThisIsMoney.Co.Uk reports.
Several other analysts have also recently commented on the stock. Peel Hunt reaffirmed a “hold” rating on shares of Mitie Group in a research note on Monday, March 18th. UBS Group lowered their target price on shares of Mitie Group from GBX 160 ($2.09) to GBX 135 ($1.76) and set a “neutral” rating for the company in a research note on Wednesday, February 27th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Mitie Group in a research note on Tuesday, April 9th. Canaccord Genuity reiterated a “buy” rating and issued a GBX 285 ($3.72) price target on shares of Mitie Group in a report on Thursday, June 6th. Finally, Numis Securities reiterated a “hold” rating on shares of Mitie Group in a report on Friday, June 7th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of GBX 200.17 ($2.62).
MTO stock opened at GBX 156.40 ($2.04) on Thursday. The company has a market capitalization of $564.71 million and a price-to-earnings ratio of -156.40. The company has a debt-to-equity ratio of 134,150.00, a current ratio of 0.90 and a quick ratio of 0.77. Mitie Group has a one year low of GBX 105.80 ($1.38) and a one year high of GBX 194.60 ($2.54).
About Mitie Group
Mitie Group plc, through its subsidiaries, provides strategic outsourcing services in the United Kingdom and internationally. It offers engineering services, such as technical and building maintenance services, as well as offers specialist services, such as heating, cooling, lighting, water treatment, and building controls; and security services and products, including security personnel, emergency mobile response solutions, and fire and security systems.
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