The stock of Mitie Group PLC (LON:MTO) is a huge mover today! The stock decreased 0.26% or GBX 0.52 on November 23, hitting GBX 200.48. About 6.54M shares traded hands or 194.59% up from the average. Mitie Group PLC (LON:MTO) has declined 25.64% since April 26, 2016 and is downtrending. It has underperformed by 30.97% the S&P500.
The move comes after 6 months positive chart setup for the GBX 719.82M company. It was reported on Nov, 23 by Barchart.com. We have GBX 214.51 PT which if reached, will make LON:MTO worth GBX 50.39 million more.
Mitie Group PLC (LON:MTO) Ratings Coverage
Out of 11 analysts covering MITIE Group PLC (LON:MTO), 2 rate it a “Buy”, 4 “Sell”, while 5 “Hold”. This means 18% are positive. GBX 360 is the highest target while GBX 160 is the lowest. The GBX 219 average target is 9.24% above today’s (GBX 200.48) stock price. MITIE Group PLC has been the topic of 46 analyst reports since August 12, 2015 according to StockzIntelligence Inc. The stock of Mitie Group PLC (LON:MTO) has “Sell” rating given on Monday, November 21 by Peel Hunt. The firm has “Sell” rating by Peel Hunt given on Monday, October 10. On Tuesday, March 29 the stock rating was upgraded by Numis Securities to “Reduce”. The rating was maintained by Liberum Capital with “Hold” on Monday, February 1. Peel Hunt maintained it with “Sell” rating and GBX 172 target price in Thursday, October 13 report. The firm has “Hold” rating given on Wednesday, May 4 by Liberum Capital. The firm earned “Buy” rating on Thursday, March 24 by Canaccord Genuity. Citigroup maintained the shares of MTO in a report on Thursday, October 13 with “Neutral” rating. On Tuesday, September 29 the stock rating was maintained by Investec with “Buy”. As per Wednesday, November 16, the company rating was downgraded by RBC Capital Markets.
Another recent and important Mitie Group PLC (LON:MTO) news was published by Seekingalpha.com which published an article titled: “Mitie Group PLC – Overblown Brexit Fears Offer Investors Chance To Clean Up” on September 29, 2016.
Mitie Group plc is a holding company. The company has a market cap of 719.82 million GBP. The Firm is engaged in providing management services. It currently has negative earnings. The Firm focuses on providing strategic outsourcing services.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.