MITIE GRP PLC/ADR (OTCMKTS:MITFY) Upgraded to “Buy” at Zacks Investment Research

Share on StockTwits

Zacks Investment Research upgraded shares of MITIE GRP PLC/ADR (OTCMKTS:MITFY) from a hold rating to a buy rating in a research report report published on Thursday, Zacks.com reports. The brokerage currently has $9.00 price objective on the stock.

According to Zacks, “Mitie Group plc provides strategic outsourcing services. The company’s operating segment includes Soft FM, Hard FM, Property Management and Healthcare. Soft FM segment includes cleaning and environmental services, security, catering and front of house services. Hard FM segment includes technical, building maintenance and energy services. Property management segment provides repair and maintenance services in the social housing market. Healthcare segment provides care at home for people who need help and support due to illness, infirmity or disability. It operates primarily in the United Kingdom, the Republic of Ireland, Guernsey, Jersey, Germany, France, Finland, Norway, Sweden, the Netherlands, Spain, Poland, Switzerland, Belgium, Nigeria, Kenya, Ghana, the United Arab Emirates, and internationally. Mitie Group plc is headquartered in Bristol, the United Kingdom. “

Separately, ValuEngine upgraded MITIE GRP PLC/ADR from a sell rating to a hold rating in a research report on Friday, March 22nd.

Shares of MITFY opened at $7.66 on Thursday. MITIE GRP PLC/ADR has a 1 year low of $5.29 and a 1 year high of $9.18. The company has a market capitalization of $700.31 million, a PE ratio of 8.60, a P/E/G ratio of 1.41 and a beta of 0.71.

The firm also recently declared a Semi-Annual dividend, which will be paid on Monday, August 26th. Investors of record on Friday, June 28th will be given a dividend of $0.119 per share. The ex-dividend date is Thursday, June 27th. This is a positive change from MITIE GRP PLC/ADR’s previous Semi-Annual dividend of $0.06. MITIE GRP PLC/ADR’s dividend payout ratio is 13.48%.

About MITIE GRP PLC/ADR

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.

See Also: How to invest in a bear market

Get a free copy of the Zacks research report on MITIE GRP PLC/ADR (MITFY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for MITIE GRP PLC/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MITIE GRP PLC/ADR and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Outfront Media  Upgraded by Zacks Investment Research to “Hold”
Outfront Media Upgraded by Zacks Investment Research to “Hold”
Orion Engineered Carbons  Downgraded to “Sell” at Zacks Investment Research
Orion Engineered Carbons Downgraded to “Sell” at Zacks Investment Research
Zacks Investment Research Downgrades Norbord  to Sell
Zacks Investment Research Downgrades Norbord to Sell
Norbord’s  “Buy” Rating Reiterated at Raymond James
Norbord’s “Buy” Rating Reiterated at Raymond James
On Deck Capital  Given “Neutral” Rating at BTIG Research
On Deck Capital Given “Neutral” Rating at BTIG Research
OneMain  Upgraded by JPMorgan Chase & Co. to “Overweight”
OneMain Upgraded by JPMorgan Chase & Co. to “Overweight”


© 2006-2019 Ticker Report