Peel Hunt Reiterates “Hold” Rating for Mitie Group (LON:MTO)

Peel Hunt reissued their hold rating on shares of Mitie Group (LON:MTO) in a report issued on Wednesday morning, Digital Look reports. They currently have a GBX 145 ($1.89) target price on the stock.

Several other brokerages have also issued reports on MTO. Royal Bank of Canada reissued an outperform rating on shares of Mitie Group in a research note on Wednesday, July 31st. Canaccord Genuity reissued a buy rating and issued a GBX 285 ($3.72) price target on shares of Mitie Group in a research note on Tuesday, August 20th. UBS Group reissued a neutral rating on shares of Mitie Group in a research note on Tuesday, August 20th. Numis Securities reaffirmed a hold rating on shares of Mitie Group in a research report on Friday, June 7th. Finally, Liberum Capital reaffirmed a buy rating on shares of Mitie Group in a research report on Monday, August 19th. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Mitie Group currently has a consensus rating of Buy and a consensus price target of GBX 189 ($2.47).

Shares of MTO opened at GBX 155.70 ($2.03) on Wednesday. Mitie Group has a 52-week low of GBX 105.80 ($1.38) and a 52-week high of GBX 170.10 ($2.22). The company has a debt-to-equity ratio of 134,150.00, a quick ratio of 0.76 and a current ratio of 0.81. The business’s 50 day moving average price is GBX 158.54 and its two-hundred day moving average price is GBX 146.23. The firm has a market cap of $569.77 million and a PE ratio of 18.32.

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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