Mitie Group (LON:MTO) Stock Rating Reaffirmed by UBS Group
UBS Group reissued their neutral rating on shares of Mitie Group (LON:MTO) in a research report sent to investors on Tuesday morning, ThisIsMoney.Co.Uk reports.
Several other analysts have also issued reports on MTO. 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, July 30th. Liberum Capital reiterated a buy rating on shares of Mitie Group in a research report on Monday. Peel Hunt reiterated a hold rating on shares of Mitie Group in a research report on Monday. Royal Bank of Canada reiterated an outperform rating on shares of Mitie Group in a research report on Wednesday, July 31st. Finally, Numis Securities reiterated a hold rating on shares of Mitie Group in a research report on Friday, June 7th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company. Mitie Group has a consensus rating of Buy and an average target price of GBX 200 ($2.61).
Shares of LON MTO opened at GBX 158.90 ($2.08) on Tuesday. The company’s 50-day simple moving average is GBX 161.29 and its 200-day simple moving average is GBX 144.13. Mitie Group has a 52-week low of GBX 105.80 ($1.38) and a 52-week high of GBX 170.10 ($2.22). The firm has a market cap of $581.48 million and a price-to-earnings ratio of 18.69. 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.
About Mitie Group
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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