Liberum Capital Reaffirms Buy Rating for Mitie Group PLC (MTO)

Liberum Capital restated their buy rating on shares of Mitie Group PLC (LON:MTO) in a research report report published on Friday. Liberum Capital currently has a GBX 300 ($3.95) price target on the stock.

Several other analysts have also recently issued reports on the company. Jefferies Group LLC raised Mitie Group PLC to a buy rating and raised their target price for the stock from GBX 220 ($2.89) to GBX 290 ($3.81) in a research note on Monday, November 6th. Peel Hunt raised Mitie Group PLC to a hold rating and raised their target price for the stock from GBX 175 ($2.30) to GBX 253 ($3.33) in a research note on Thursday, July 27th. Canaccord Genuity reissued a buy rating and issued a GBX 300 ($3.95) target price on shares of Mitie Group PLC in a research note on Thursday, July 27th. Finally, Numis Securities Ltd reissued a reduce rating and issued a GBX 225 ($2.96) target price on shares of Mitie Group PLC in a research note on Thursday, September 21st. Four investment analysts have rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the stock. The company presently has a consensus rating of Hold and an average price target of GBX 232 ($3.05).

Shares of Mitie Group PLC (LON MTO) opened at GBX 228.40 ($3.00) on Friday. Mitie Group PLC has a 12 month low of GBX 165 ($2.17) and a 12 month high of GBX 313.50 ($4.12).

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Mitie Group PLC Company Profile

Mitie Group plc is a holding company. The Company is engaged in providing management services. The Company focuses on providing strategic outsourcing services. The Company operates through various segments, including Soft FM, Hard FM and Property Management. The Company’s Soft FM segment includes cleaning and environmental services, security, catering and front of house services.

Analyst Recommendations for Mitie Group PLC (LON:MTO)

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