Key Points
- Phillip Bentley has been buying Mitie stock recently, most notably acquiring 195,000 shares on Nov 20 at GBX 154 and making smaller purchases on Dec 15 and Feb 13 (84 shares at GBX 179 on Feb 13).
- Mitie shares trade around GBX 179.80 (12‑month range GBX 109.18–180.60) with a market cap of £2.28bn, and analysts give a consensus of Moderate Buy with an average target of GBX 186.20.
Mitie Group plc (LON:MTO - Get Free Report) insider Phillip Bentley bought 84 shares of the stock in a transaction dated Friday, February 13th. The stock was purchased at an average price of GBX 179 per share, with a total value of £150.36.
Phillip Bentley also recently made the following trade(s):
- On Monday, December 15th, Phillip Bentley purchased 91 shares of Mitie Group stock. The stock was purchased at an average cost of GBX 166 per share, for a total transaction of £151.06.
- On Thursday, November 20th, Phillip Bentley acquired 195,000 shares of Mitie Group stock. The stock was purchased at an average price of GBX 154 per share, with a total value of £300,300.
Mitie Group Stock Performance
Shares of Mitie Group stock opened at GBX 179.80 on Tuesday. Mitie Group plc has a 12 month low of GBX 109.18 and a 12 month high of GBX 180.60. The firm has a market capitalization of £2.28 billion, a P/E ratio of 24.63, a P/E/G ratio of 10.10 and a beta of 1.41. The company has a current ratio of 0.90, a quick ratio of 0.83 and a debt-to-equity ratio of 85.41. The business has a fifty day simple moving average of GBX 168.89 and a two-hundred day simple moving average of GBX 156.50.
Mitie Group (LON:MTO - Get Free Report) last released its earnings results on Thursday, November 20th. The company reported GBX 5.70 earnings per share for the quarter. Mitie Group had a net margin of 2.52% and a return on equity of 28.24%. On average, equities analysts forecast that Mitie Group plc will post 10.9360519 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Several equities analysts have recently issued reports on the stock. Peel Hunt reiterated a "buy" rating and set a GBX 191 target price on shares of Mitie Group in a report on Thursday, November 20th. Berenberg Bank reaffirmed a "buy" rating and set a GBX 210 price objective on shares of Mitie Group in a research report on Tuesday, January 27th. Deutsche Bank Aktiengesellschaft lifted their price objective on Mitie Group from GBX 170 to GBX 190 and gave the company a "buy" rating in a research note on Tuesday, January 27th. Finally, Royal Bank Of Canada restated an "outperform" rating and set a GBX 195 price target on shares of Mitie Group in a report on Monday, February 2nd. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat, Mitie Group has an average rating of "Moderate Buy" and an average target price of GBX 186.20.
Read Our Latest Report on MTO
Mitie Group Company Profile
(
Get Free Report)
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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