Mitie Group PLC 22.1% potential upside indicated by Jefferies

Mitie Group PLC with ticker (LON:MTO) now has a potential upside of 22.1% according to Jefferies.



Jefferies set a target price of 125 GBX for the company, which when compared to the Mitie Group PLC share price of 102 GBX at opening today (09/11/2023) indicates a potential upside of 22.1%. Trading has ranged between 70 (52 week low) and 107 (52 week high) with an average of 1,518,428 shares exchanging hands daily. The market capitalisation at the time of writing is £1,389,851,840.

Mitie Group plc is a facilities management and transformation company. The Company offer a range of services to the public sector through its Central Government & Defense and Communities (Local Government & Education, Healthcare and Care & Custody) divisions. Its Technical Services (engineering services) and Business Services (security, cleaning, landscapes, Spain, and waste) divisions serve private sector customers in areas, such as financial and professional services, industrials, and retail and transport. It delivers engineering services, including mechanical and electrical, fire and security hardware, decarbonization, renewable energy installation, electrical connections and telecoms infrastructure. It also offers a range of fire and security solutions, including fire detection and suppression systems, access control, intruder alarms, CCTV, and security management systems. It provides the ICT and network infrastructure to support these systems offering fully integrated solutions.