Shares of Mitie Group PLC (LON:MTO) have been given an average rating of “Buy” by the nine research firms that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is GBX 206.83 ($2.70).
A number of equities analysts have commented on the stock. Peel Hunt reaffirmed a “hold” rating on shares of Mitie Group in a research report on Thursday, November 22nd. Liberum Capital reissued a “buy” rating on shares of Mitie Group in a report on Wednesday, November 28th. Canaccord Genuity reissued a “buy” rating and set a GBX 300 ($3.92) target price on shares of Mitie Group in a report on Monday, November 19th. Finally, UBS Group dropped their target price on Mitie Group from GBX 160 ($2.09) to GBX 135 ($1.76) and set a “neutral” rating for the company in a report on Wednesday, February 27th.
In other news, insider Mary Reilly bought 11,708 shares of the company’s stock in a transaction dated Monday, December 17th. The stock was bought at an average price of GBX 129 ($1.69) per share, with a total value of £15,103.32 ($19,735.16).
MTO stock traded down GBX 1.70 ($0.02) during midday trading on Friday, reaching GBX 146.40 ($1.91). 870,572 shares of the company were exchanged, compared to its average volume of 1,050,000. The company has a debt-to-equity ratio of 134,150.00, a current ratio of 0.90 and a quick ratio of 0.77. Mitie Group has a one year low of GBX 105.80 ($1.38) and a one year high of GBX 211 ($2.76). The stock has a market cap of $534.75 million and a price-to-earnings ratio of -146.40.
Mitie Group Company Profile
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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