Peel Hunt reaffirmed their hold rating on shares of Mitie Group (LON:MTO) in a research report report published on Wednesday morning, Digital Look reports. They currently have a GBX 145 ($1.89) target price on the stock.
A number of other research firms have also commented on MTO. Canaccord Genuity reaffirmed a buy rating and set a GBX 285 ($3.72) target price on shares of Mitie Group in a report on Tuesday, August 20th. Royal Bank of Canada reaffirmed an outperform rating on shares of Mitie Group in a report on Wednesday, July 31st. Liberum Capital reissued a buy rating on shares of Mitie Group in a research report on Monday, August 19th. UBS Group reissued a neutral rating on shares of Mitie Group in a research report on Tuesday, August 20th. Finally, Numis Securities reissued a hold rating on shares of Mitie Group in a research report on Friday, June 7th. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company presently has a consensus rating of Buy and an average target price of GBX 189 ($2.47).
MTO traded up GBX 1.80 ($0.02) during trading on Wednesday, reaching GBX 155.30 ($2.03). 165,140 shares of the company’s stock were exchanged, compared to its average volume of 1,050,000. The company’s fifty day moving average price is GBX 158.72 and its 200-day moving average price is GBX 146.07. The company has a debt-to-equity ratio of 134,150.00, a quick ratio of 0.76 and a current ratio of 0.81. Mitie Group has a fifty-two week low of GBX 105.80 ($1.38) and a fifty-two week high of GBX 170.10 ($2.22). The firm has a market capitalization of $568.30 million and a PE ratio of 18.27.
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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