Peel Hunt upgraded shares of Mitie Group PLC (LON:MTO) to a hold rating in a research report released on Thursday. Peel Hunt currently has GBX 253 ($3.30) price target on the stock, up from their prior price target of GBX 175 ($2.28).

A number of other research analysts have also recently commented on the company. Liberum Capital upgraded Mitie Group PLC to a buy rating and set a GBX 300 ($3.91) price objective on the stock in a report on Thursday. Numis Securities Ltd reiterated a reduce rating and issued a GBX 255 ($3.32) price objective on shares of Mitie Group PLC in a report on Tuesday, June 27th. Finally, Canaccord Genuity upgraded Mitie Group PLC to a buy rating and upped their price objective for the company from GBX 195 ($2.54) to GBX 300 ($3.91) in a report on Wednesday, June 14th. Five investment analysts have rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. The company presently has an average rating of Hold and a consensus price target of GBX 224.82 ($2.93).

TRADEMARK VIOLATION WARNING: This piece was originally published by Watch List News and is owned by of Watch List News. If you are viewing this piece on another site, it was illegally copied and republished in violation of US & international copyright law. The legal version of this piece can be read at https://www.watchlistnews.com/mitie-group-plc-mto-rating-increased-to-hold-at-peel-hunt/1463162.html.

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)

Receive News & Ratings for Mitie Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mitie Group PLC and related companies with Analyst Ratings Network's FREE daily email newsletter.