Several brokerages have updated their recommendations and price targets on shares of Mitie Group PLC (LON: MTO) in the last few weeks:

  • 8/11/2017 – Mitie Group PLC had its price target raised by analysts at Jefferies Group LLC from GBX 175 ($2.27) to GBX 220 ($2.86). They now have an “underperform” rating on the stock.
  • 7/27/2017 – Mitie Group PLC was upgraded by analysts at Peel Hunt to a “hold” rating. They now have a GBX 253 ($3.28) price target on the stock, up previously from GBX 175 ($2.27).
  • 7/27/2017 – Mitie Group PLC was upgraded by analysts at Liberum Capital to a “buy” rating. They now have a GBX 300 ($3.89) price target on the stock.
  • 7/27/2017 – Mitie Group PLC had its “buy” rating reaffirmed by analysts at Canaccord Genuity. They now have a GBX 300 ($3.89) price target on the stock.
  • 7/6/2017 – Mitie Group PLC had its “hold” rating reaffirmed by analysts at Liberum Capital. They now have a GBX 300 ($3.89) price target on the stock.
  • 6/27/2017 – Mitie Group PLC had its “reduce” rating reaffirmed by analysts at Numis Securities Ltd. They now have a GBX 255 ($3.31) price target on the stock.
  • 6/26/2017 – Mitie Group PLC had its price target raised by analysts at Liberum Capital from GBX 290 ($3.76) to GBX 300 ($3.89). They now have a “hold” rating on the stock.

Shares of Mitie Group PLC (MTO) opened at 266.40 on Tuesday. The company has a 50 day moving average of GBX 271.70 and a 200-day moving average of GBX 235.72. Mitie Group PLC has a one year low of GBX 165.00 and a one year high of GBX 313.50. The stock’s market cap is GBX 942.79 million.

In other Mitie Group PLC news, insider Derek Mapp purchased 100,000 shares of the stock in a transaction on Thursday, August 3rd. The stock was bought at an average price of GBX 267 ($3.47) per share, for a total transaction of £267,000 ($346,618.20).

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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