Mitie Group (MTO) Stock Rating Reaffirmed by Peel Hunt

Peel Hunt reaffirmed their hold rating on shares of Mitie Group (LON:MTO) in a research report report published on Thursday.

Other equities analysts have also issued research reports about the stock. Liberum Capital dropped their target price on shares of Mitie Group from GBX 240 ($3.14) to GBX 210 ($2.74) and set a buy rating for the company in a research report on Tuesday, October 2nd. Canaccord Genuity restated a buy rating and set a GBX 300 ($3.92) target price on shares of Mitie Group in a research report on Wednesday, September 26th. Stifel Nicolaus upgraded shares of Mitie Group to a buy rating and set a GBX 186 ($2.43) target price for the company in a research report on Monday, August 6th. Jefferies Financial Group lowered their price objective on shares of Mitie Group from GBX 290 ($3.79) to GBX 260 ($3.40) and set a buy rating for the company in a research report on Monday, August 6th. Finally, Barclays reiterated an overweight rating on shares of Mitie Group in a research report on Friday, October 5th. One analyst has rated the stock with a sell rating, two have issued a hold rating and six have issued a buy rating to the company. The company currently has an average rating of Buy and an average price target of GBX 205.38 ($2.68).

Shares of LON:MTO opened at GBX 150.70 ($1.97) on Thursday. Mitie Group has a fifty-two week low of GBX 147.90 ($1.93) and a fifty-two week high of GBX 313.50 ($4.10).

The firm also recently disclosed a dividend, which will be paid on Tuesday, February 12th. Shareholders of record on Thursday, December 20th will be given a dividend of GBX 1.33 ($0.02) per share. The ex-dividend date of this dividend is Thursday, December 20th. This represents a yield of 0.87%.

Mitie Group Company Profile

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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