Several other equities research analysts have also commented on the stock. Barclays PLC cut their price target on shares of Mitie Group PLC from GBX 250 ($3.09) to GBX 166 ($2.05) and set an underweight rating on the stock in a research note on Tuesday, September 20th. Liberum Capital reiterated a hold rating and set a GBX 240 ($2.97) price target on shares of Mitie Group PLC in a research note on Monday, September 19th. Numis Securities Ltd reiterated a reduce rating and set a GBX 166 ($2.05) price target on shares of Mitie Group PLC in a research note on Tuesday, September 20th. Finally, Canaccord Genuity cut their price target 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. Three analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company’s stock. Mitie Group PLC has an average rating of Hold and an average price target of GBX 240.10 ($2.97).
Mitie Group PLC (LON:MTO) opened at 199.80 on Monday. The firm’s market capitalization is GBX 708.09 million. Mitie Group PLC has a 52-week low of GBX 178.00 and a 52-week high of GBX 341.00. The company has a 50 day moving average price of GBX 231.98 and a 200 day moving average price of GBX 254.59.
About Mitie Group PLC
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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