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MITIE Group PLC (LON:MTO) target price raised to 240.00GBX, reported today by Liberum Capital

Only yesterday MITIE Group PLC (LON:MTO) traded 23.14% lower at 207.15GBX. MITIE Group PLC’s 50-day average is 262.29GBX and its two hundred day average is 264.96GBX. With the last stock close down 21.97% from the two hundred day average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the same time. Trade volume was was up over the average, with 4,418,283 shares of MTO changing hands over the typical 1,132,820 shares..

In a statement issued on Monday September 19 2016 Liberum Capital bumped up the target price of MITIE Group PLC (LON:MTO) from 0GBX to 240GBX indicating a possible upsideof 0.16%.

On 7/25/2016, Barclays Capital released a statement for MITIE Group PLC(LON:MTO) maintained the target price at 250.00GBX that suggested an upside of 0.02%.

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Also covering MITIE Group PLC’s stock price target, a total of 10 brokerages have released a research note on MTO. The consensus target is 288.40GBX with 0 rating the company a strong buy, 0 rating the stock a buy, 0 firms rating the stock a hold, 0 rating the stock to underperform, and lastly 0 firms rating the stock as sell.

MITIE Group PLC has a 52 week low of 196.90GBX and a 52 week high of 341.00GBX with a P/E ratio of 10. The company’s market cap is currently 0.0 GBX.

General Company Details For MITIE Group PLC (LON:MTO)

Mitie Group plc is a holding company. The Company is engaged in providing management services. The Company focuses on providing strategic outsourcing services. It operates through the segments, including Soft FM, Hard FM, Property Management and Healthcare. Its Soft FM segment includes cleaning and environmental services, security, catering and front of house services. Its Hard FM segment includes a range of technical, building maintenance and energy services. Its Property management segment provides repair and maintenance services in the social housing market. Its Healthcare segment provides care at home for people who need help and support due to illness, infirmity or disability. In addition, Healthcare segment also provides nurse-led complex care solutions in the home. Its services include catering, cleaning services, compliance services, custodial services, data center services, document management, electrical inspection and testing, and and insurance claims management and repairs.

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