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

Peel Hunt reiterated their hold rating on shares of Mitie Group (LON:MTO) in a report released on Wednesday morning, ThisIsMoney.Co.Uk reports.

A number of other equities research analysts have also recently weighed in on MTO. Liberum Capital dropped their price objective on Mitie Group from GBX 43 ($0.53) to GBX 37 ($0.46) and set a hold rating for the company in a research note on Tuesday, July 28th. Jefferies Financial Group reissued a hold rating on shares of Mitie Group in a research note on Friday, June 26th. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of Hold and an average target price of GBX 138.50 ($1.70).

Shares of LON MTO opened at GBX 32.70 ($0.40) on Wednesday. Mitie Group has a twelve month low of GBX 0.43 ($0.01) and a twelve month high of GBX 170.10 ($2.09). The company has a current ratio of 0.91, a quick ratio of 0.85 and a debt-to-equity ratio of 398.39. The stock has a fifty day simple moving average of GBX 67.88 and a 200-day simple moving average of GBX 93.03. The stock has a market capitalization of $232.16 million and a PE ratio of 1.34.

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.

Further Reading: Market Capitalization and Individual Investors

Analyst Recommendations for Mitie Group (LON:MTO)

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