Mitie Group’s (MTO) “Overweight” Rating Reiterated at Barclays

Barclays reiterated their overweight rating on shares of Mitie Group (LON:MTO) in a report published on Friday.

Several other research analysts have also commented on the company. Peel Hunt reissued a hold rating on shares of Mitie Group in a research report on Tuesday, October 2nd. Liberum Capital reduced their price target on Mitie Group from GBX 240 ($3.13) to GBX 210 ($2.74) and set a buy rating for the company in a research report on Tuesday, October 2nd. Canaccord Genuity reissued a buy rating and issued a GBX 300 ($3.91) price target on shares of Mitie Group in a research report on Wednesday, September 26th. Stifel Nicolaus raised Mitie Group to a buy rating and set a GBX 186 ($2.42) price target for the company in a research report on Monday, August 6th. Finally, Jefferies Financial Group reduced their price target on Mitie Group from GBX 290 ($3.78) to GBX 260 ($3.39) and set a buy rating for the company in a research report on Monday, August 6th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Buy and a consensus target price of GBX 209.38 ($2.73).

MTO stock opened at GBX 144.30 ($1.88) on Friday. Mitie Group has a 52 week low of GBX 147.90 ($1.93) and a 52 week high of GBX 313.50 ($4.08).

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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Analyst Recommendations for Mitie Group (LON:MTO)

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