Peel Hunt reiterated their hold rating on shares of Mitie Group (LON:MTO) in a report released on Friday morning, ThisIsMoney.Co.Uk reports.
Other research analysts have also recently issued reports about the company. UBS Group reiterated a neutral rating on shares of Mitie Group in a research report on Thursday, December 12th. Liberum Capital restated a buy rating on shares of Mitie Group in a research report on Wednesday, December 11th. Finally, Barclays reaffirmed an overweight rating on shares of Mitie Group in a research note on Monday, October 7th. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock currently has a consensus rating of Buy and a consensus price target of GBX 189 ($2.49).
Shares of MTO opened at GBX 131.50 ($1.73) on Friday. The company has a market capitalization of $481.21 million and a price-to-earnings ratio of 7.11. Mitie Group has a 52 week low of GBX 106.10 ($1.40) and a 52 week high of GBX 170.10 ($2.24). The stock’s 50-day moving average price is GBX 139.75 and its 200-day moving average price is GBX 149.47. The company has a quick ratio of 0.83, a current ratio of 0.89 and a debt-to-equity ratio of 926.10.
The company also recently announced a dividend, which will be paid on Tuesday, February 4th. Stockholders of record on Thursday, December 19th will be paid a dividend of GBX 1.33 ($0.02) per share. This represents a dividend yield of 1.01%. The ex-dividend date is Thursday, December 19th. Mitie Group’s payout ratio is currently 0.22%.
Mitie Group Company Profile
Mitie Group plc, through its subsidiaries, provides strategic outsourcing services in the United Kingdom and internationally. It offers engineering services, such as technical and building maintenance services, as well as offers specialist services, such as heating, cooling, lighting, water treatment, and building controls; and security services and products, including security personnel, emergency mobile response solutions, and fire and security systems.
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