Mitie Group (LON:MTO) Stock Rating Reaffirmed by Peel Hunt
Mitie Group (LON:MTO)‘s stock had its “hold” rating reiterated by analysts at Peel Hunt in a research note issued to investors on Monday, ThisIsMoney.Co.Uk reports.
MTO has been the topic of several other research reports. Numis Securities reissued a “hold” rating on shares of Mitie Group in a research note on Friday, June 7th. Canaccord Genuity reissued a “buy” rating and set a GBX 285 ($3.72) price objective on shares of Mitie Group in a research note on Tuesday, July 30th. UBS Group upped their price objective on shares of Mitie Group from GBX 135 ($1.76) to GBX 160 ($2.09) and gave the company a “neutral” rating in a research note on Thursday, June 20th. Royal Bank of Canada reissued an “outperform” rating on shares of Mitie Group in a research note on Wednesday, July 31st. Finally, Liberum Capital reaffirmed a “buy” rating on shares of Mitie Group in a research note on Wednesday, July 31st. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Mitie Group currently has a consensus rating of “Buy” and a consensus target price of GBX 200 ($2.61).
Shares of MTO opened at GBX 160.10 ($2.09) on Monday. 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. The company has a market capitalization of $585.87 million and a price-to-earnings ratio of 18.84. The company’s 50 day simple moving average is GBX 160.79 and its 200 day simple moving average is GBX 143.68. Mitie Group has a 1 year low of GBX 105.80 ($1.38) and a 1 year high of GBX 170.10 ($2.22).
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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