Mitie Group PLC’s (LON:MTO) “Buy” Rating Reaffirmed at Canaccord Genuity
Canaccord Genuity reaffirmed their buy rating on shares of Mitie Group PLC (LON:MTO) in a research note issued to investors on Thursday. They currently have a GBX 300 ($3.91) price objective on the stock.
MTO has been the topic of a number of other reports. Peel Hunt reiterated a sell rating and issued a GBX 175 ($2.28) target price on shares of Mitie Group PLC in a report on Monday, June 12th. Liberum Capital reiterated a sell rating and issued a GBX 165 ($2.15) target price on shares of Mitie Group PLC in a report on Wednesday, May 3rd. Finally, Numis Securities Ltd reissued a reduce rating and issued a GBX 255 ($3.32) price target on shares of Mitie Group PLC in a research report on Tuesday, June 27th. Five research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company. The stock has a consensus rating of Hold and an average price target of GBX 224.82 ($2.93).
About Mitie Group PLC
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.
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