Key Points
- Insider buying: Mitie Group insider Phillip Bentley purchased 89 shares on Wednesday, May 13, at GBX 169 each, totaling £150.41. He also bought 84 shares in February at GBX 179 apiece.
- Stock performance: Mitie Group shares were up 1.4% and opened at GBX 172.63. The stock has traded between GBX 134.60 and GBX 188.10 over the past year.
- Analyst sentiment: Several analysts remain positive on the company, with four Buy ratings and one Hold. The consensus rating is Moderate Buy, and the average target price is GBX 188.20.
Mitie Group plc (LON:MTO - Get Free Report) insider Phillip Bentley bought 89 shares of the business's stock in a transaction dated Wednesday, May 13th. The shares were purchased at an average price of GBX 169 per share, for a total transaction of £150.41.
Phillip Bentley also recently made the following trade(s):
- On Friday, February 13th, Phillip Bentley bought 84 shares of Mitie Group stock. The shares were purchased at an average price of GBX 179 per share, for a total transaction of £150.36.
Mitie Group Stock Up 1.4%
MTO opened at GBX 172.63 on Friday. The business's 50-day simple moving average is GBX 174.28 and its 200-day simple moving average is GBX 169.91. The company has a debt-to-equity ratio of 120.44, a quick ratio of 0.83 and a current ratio of 0.94. Mitie Group plc has a one year low of GBX 134.60 and a one year high of GBX 188.10. The stock has a market capitalization of £2.17 billion, a P/E ratio of 23.65, a price-to-earnings-growth ratio of 10.10 and a beta of 0.87.
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on the company. Royal Bank Of Canada boosted their price target on Mitie Group from GBX 195 to GBX 205 and gave the company an "outperform" rating in a research report on Wednesday, April 29th. Berenberg Bank restated a "buy" rating and issued a GBX 210 price target on shares of Mitie Group in a research report on Friday, April 17th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on Mitie Group from GBX 170 to GBX 190 and gave the company a "buy" rating in a research report on Tuesday, January 27th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 188.20.
Check Out Our Latest Stock Report on Mitie Group
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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