Phillip Bentley Buys 72 Shares of Mitie Group (LON:MTO) Stock

Mitie Group plc (LON:MTO – Get Free Report) insider Phillip Bentley purchased 72 shares of the firm’s stock in a transaction on Monday, September 14th. The stock was bought at an average price of GBX 209 per share, for a total transaction of £150.48.

Phillip Bentley also recently made the following trade(s):

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• On Thursday, August 13th, Phillip Bentley bought 72 shares of Mitie Group stock. The stock was purchased at an average cost of GBX 208 per share, for a total transaction of £149.76.

Mitie Group Trading Up 0.6%

Mitie Group stock traded up GBX 1.20 during midday trading on Tuesday, reaching GBX 210.20. The stock had a trading volume of 4,164,490 shares, compared to its average volume of 17,496,102. The stock’s 50-day simple moving average is GBX 196.77 and its 200 day simple moving average is GBX 179.54. Mitie Group plc has a twelve month low of GBX 134.80 and a twelve month high of GBX 214. The company has a debt-to-equity ratio of 107.60, a quick ratio of 0.83 and a current ratio of 0.89. The stock has a market capitalization of £2.62 billion, a PE ratio of 34.46, a price-to-earnings-growth ratio of 10.10 and a beta of 0.89.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on MTO shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 195 target price on shares of Mitie Group in a research report on Monday, June 8th. Royal Bank Of Canada decreased their price objective on shares of Mitie Group from GBX 205 to GBX 200 and set an “outperform” rating for the company in a research note on Friday, June 5th. Finally, Berenberg Bank downgraded shares of Mitie Group to a “hold” rating and cut their target price for the company from GBX 230 to GBX 219 in a research note on Wednesday, September 2nd. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, Mitie Group currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 201.25.

View Our Latest Stock Analysis on MTO

Mitie Group Company Profile

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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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