Societe Generale reissued their buy rating on shares of Mitie Group PLC (LON:MTO) in a research report released on Monday morning. Societe Generale currently has a GBX 270 ($3.34) price objective on the stock.
Other equities analysts have also recently issued reports about the stock. Peel Hunt reissued a sell rating and issued a GBX 254 ($3.14) price objective on shares of Mitie Group PLC in a research note on Monday, September 19th. Liberum Capital reissued a hold rating and issued a GBX 240 ($2.97) price objective on shares of Mitie Group PLC in a research note on Monday, September 19th. Canaccord Genuity dropped their price objective on shares of Mitie Group PLC from GBX 300 ($3.71) to GBX 270 ($3.34) and set a buy rating on the stock in a research note on Monday, September 19th. Barclays PLC dropped their price objective on shares of Mitie Group PLC from GBX 275 ($3.40) to GBX 250 ($3.09) and set an underweight rating on the stock in a research note on Monday, June 20th. Finally, Numis Securities Ltd reissued a reduce rating and issued a GBX 166 ($2.05) price objective on shares of Mitie Group PLC in a research note on Tuesday, September 20th. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company. The company presently has a consensus rating of Hold and a consensus price target of GBX 256.22 ($3.17).
Mitie Group PLC (LON:MTO) opened at 198.60 on Monday. The stock’s market capitalization is GBX 703.84 million. The firm’s 50-day moving average is GBX 234.63 and its 200 day moving average is GBX 255.26. Mitie Group PLC has a 12-month low of GBX 178.00 and a 12-month high of GBX 341.00.
Mitie Group PLC Company Profile
Mitie Group PLC is a United Kingdom-based holding company that provides management services. Its activities are focused on the provision of strategic outsourcing services. It operates in the Republic of Ireland, the Isle of Man, Guernsey, Spain and Belgium, among others. It operates in four segments: facilities management, property management, healthcare and energy solutions.
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