Mitie Group plc (LON:MTO - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 167.85 and traded as high as GBX 177.50. Mitie Group shares last traded at GBX 175.73, with a volume of 2,164,687 shares changing hands.
Analyst Upgrades and Downgrades
A number of brokerages have commented on MTO. Deutsche Bank Aktiengesellschaft increased their target price on Mitie Group from GBX 170 to GBX 190 and gave the company a "buy" rating in a report on Tuesday, January 27th. Royal Bank Of Canada reiterated an "outperform" rating and set a GBX 195 target price on shares of Mitie Group in a report on Monday, February 2nd. Finally, Berenberg Bank reiterated a "buy" rating and set a GBX 210 target price on shares of Mitie Group in a report on Friday, April 17th. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of GBX 186.20.
View Our Latest Analysis on MTO
Mitie Group Stock Down 1.4%
The firm's 50-day moving average price is GBX 176.08 and its 200-day moving average price is GBX 167.85. The company has a market cap of £2.21 billion, a price-to-earnings ratio of 24.07, a price-to-earnings-growth ratio of 10.10 and a beta of 0.89. The company has a debt-to-equity ratio of 120.44, a current ratio of 0.94 and a quick ratio of 0.83.
About Mitie Group
(
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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.
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