Peel Hunt Reiterates “Hold” Rating for Mitie Group (LON:MTO)

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Peel Hunt reiterated 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 analysts have also recently issued reports on MTO. Numis Securities reiterated a hold rating on shares of Mitie Group in a research report on Friday, June 7th. Canaccord Genuity reiterated a buy rating and issued a GBX 285 ($3.72) target price on shares of Mitie Group in a research report on Tuesday, August 20th. Royal Bank of Canada reiterated an outperform rating on shares of Mitie Group in a research report on Wednesday, July 31st. UBS Group reiterated a neutral rating on shares of Mitie Group in a research report on Tuesday, August 20th. Finally, Liberum Capital reiterated a buy rating on shares of Mitie Group in a research report on Monday, August 19th. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock presently has an average rating of Buy and an average target price of GBX 189 ($2.47).

Mitie Group stock opened at GBX 155.70 ($2.03) on Wednesday. Mitie Group has a 12-month low of GBX 105.80 ($1.38) and a 12-month high of GBX 170.10 ($2.22). The company has a quick ratio of 0.76, a current ratio of 0.81 and a debt-to-equity ratio of 134,150.00. The business’s 50-day moving average price is GBX 158.54 and its two-hundred day moving average price is GBX 146.23. The stock has a market cap of $569.77 million and a PE ratio of 18.32.

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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Analyst Recommendations for Mitie Group (LON:MTO)

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