Key Points
- Mitie Group insider Phillip Bentley bought 72 shares at GBX 209 each, for a total of £150.48. He also purchased 72 shares in August at GBX 208 per share.
- Mitie shares opened at GBX 209.78, up 0.4%, near their 12-month high of GBX 214; the company has a £2.62 billion market capitalization.
- Analysts maintain a “Moderate Buy” consensus, with three Buy ratings and one Hold rating, although the consensus target price is GBX 201.25—below the reported share price.
Mitie Group plc (LON:MTO - Get Free Report) insider Phillip Bentley acquired 72 shares of Mitie Group stock in a transaction that occurred on Monday, September 14th. The stock was purchased at an average cost of GBX 209 per share, with a total value of £150.48.
Phillip Bentley also recently made the following trade(s):
- On Thursday, August 13th, Phillip Bentley purchased 72 shares of Mitie Group stock. The shares were acquired at an average price of GBX 208 per share, for a total transaction of £149.76.
Mitie Group Stock Up 0.4%
MTO stock opened at GBX 209.78 on Wednesday. Mitie Group plc has a 12 month low of GBX 134.80 and a 12 month high of GBX 214. The company has a current ratio of 0.89, a quick ratio of 0.83 and a debt-to-equity ratio of 107.60. The company has a market cap of £2.62 billion, a price-to-earnings ratio of 34.39, a PEG ratio of 10.10 and a beta of 0.89. The firm has a 50-day moving average of GBX 197.95 and a two-hundred day moving average of GBX 179.75.
Analysts Set New Price Targets
Several analysts have recently commented on MTO shares. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a GBX 195 price target on shares of Mitie Group in a research report on Monday, June 8th. Berenberg Bank cut shares of Mitie Group to a "hold" rating and reduced their price target for the stock from GBX 230 to GBX 219 in a research report on Wednesday, September 2nd. Finally, Royal Bank Of Canada decreased their target price on Mitie Group from GBX 205 to GBX 200 and set an "outperform" rating for the company in a report on Friday, June 5th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 201.25.
Get Our Latest Analysis 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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