Mitie Group’s (MTO) “Buy” Rating Reaffirmed at Berenberg Bank
by Jessica Moore · The Cerbat GemMitie Group (LON:MTO – Get Free Report)‘s stock had its “buy” rating reiterated by stock analysts at Berenberg Bank in a research note issued on Friday,Digital Look reports. They currently have a GBX 210 price target on the stock. Berenberg Bank’s target price suggests a potential upside of 16.02% from the stock’s current price.
MTO has been the topic of several other reports. Deutsche Bank Aktiengesellschaft increased their price target on shares of Mitie Group from GBX 170 to GBX 190 and gave the company a “buy” rating in a research note on Tuesday, January 27th. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 195 price target on shares of Mitie Group in a research note on Monday, February 2nd. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 186.20.
Read Our Latest Report on Mitie Group
Mitie Group Price Performance
MTO opened at GBX 181 on Friday. Mitie Group has a one year low of GBX 132.80 and a one year high of GBX 188.10. The company has a debt-to-equity ratio of 120.44, a current ratio of 0.94 and a quick ratio of 0.83. The company’s 50 day simple moving average is GBX 175.51 and its 200-day simple moving average is GBX 166.11. The stock has a market capitalization of £2.28 billion, a P/E ratio of 24.79, a price-to-earnings-growth ratio of 10.10 and a beta of 0.89.
Mitie Group Company Profile
Mitie Group plc, together with its subsidiaries, provides facilities management and professional services in the United Kingdom and internationally. The company operates in four segments: Business Services, Technical Services, Central Government & Defense (CG&D), Communities. The company provides decarbonization, electrical grid connections, emission intelligence, energy and carbon, EV fleets, and heat solutions, as well as solar energy; cleaning and hygiene, engineering maintenance, integrated facilities management, landscape, and waste management services; project and workplace services; and Fire & security systems, front of house, intelligence, vetting, and security guarding service.