MITIE Grp PLC/ADR (MITFY) Stock Rating Upgraded by Zacks Investment Research
Zacks Investment Research upgraded shares of MITIE Grp PLC/ADR (OTCMKTS:MITFY) from a sell rating to a hold rating in a research report released on Tuesday.
According to Zacks, “Mitie Group plc provides strategic outsourcing services. The company’s operating segment includes Soft FM, Hard FM, Property Management and Healthcare. Soft FM segment includes cleaning and environmental services, security, catering and front of house services. Hard FM segment includes technical, building maintenance and energy services. Property management segment provides repair and maintenance services in the social housing market. Healthcare segment provides care at home for people who need help and support due to illness, infirmity or disability. It operates primarily in the United Kingdom, the Republic of Ireland, Guernsey, Jersey, Germany, France, Finland, Norway, Sweden, the Netherlands, Spain, Poland, Switzerland, Belgium, Nigeria, Kenya, Ghana, the United Arab Emirates, and internationally. Mitie Group plc is headquartered in Bristol, the United Kingdom. “
Separately, ValuEngine lowered shares of MITIE Grp PLC/ADR from a hold rating to a sell rating in a report on Saturday, June 2nd.
About MITIE Grp PLC/ADR
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.
Further Reading: How are Outstanding Shares Different from Authorized Shares?
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