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Peel Hunt announced MITIE Group PLC (LON:MTO), dropping its stock price target to 172.00GBX today

Having a price of 0.00GBX, MITIE Group PLC (LON:MTO) traded -0.35% lower on the day. With the last close down -21.56% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. MTO has recorded a 50-day average of 228.05GBX and a two hundred day average of 253.83GBX. Trade Volume was down over the average, with 1,220,975 shares of MTO changing hands under the typical 1,509,130

In a report released on 10/13/2016 Peel Hunt reduced the stock price target of MITIE Group PLC (LON:MTO) from 254.00GBX to 172.00GBX stating a potential upside of 0%.

On 10/10/2016, Peel Hunt released a statement on MITIE Group PLC (LON:MTO) maintained the target price at 254.00GBX that suggested an upside of 0.31%.

Recent Performance Chart

MITIE Group PLC (LON:MTO)

MITIE Group PLC has PE ratio of 9.44 with a one year low of 178.00GBX and a one year high of 341.00GBX and has a total market value of 0 GBX.

A total of 10 brokers have issued a research note on MITIE Group PLC. 0 firms rating the stock a strong buy, zero equity analysts rating the stock a buy, 0 analysts rating the company a hold, zero brokerages rating the stock a underperform, and finally zero equity analysts rating the company a sell with a 12-month price target of 288.40GBX.

More About 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 insurance claims management and repairs.

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