Mitie Group PLC with ticker (LON:MTO) now has a potential upside of 25.4% according to Liberum Capital.
Liberum Capital set a target price of 90 GBX for the company, which when compared to the Mitie Group PLC share price of 67 GBX at opening today (25/11/2021) indicates a potential upside of 25.4%. Trading has ranged between 38 (52 week low) and 79 (52 week high) with an average of 1,329,127 shares exchanging hands daily. The market capitalisation at the time of writing is £947,981,147.
Mitie Group plc is a United Kingdom-based provider of facilities management services. The Company offers a range of services to the public and private sectors including engineering services, energy, security, cleaning and specialist services including immigration and healthcare services, landscaping services and waste management services. Its segments include Business Services, Technical Services, Care & Custody, Landscapes, and Waste and Interserve. Business Services segment keeps some of the companies and buildings clean across a variety of diverse sectors. Technical Services combines its maintenance, projects, energy management, and digital transformation expertise. Care & Custody segment delivers public services to adults within the immigration, justice and care sectors. Landscapes segment is focused on both horticultural and winter services. Waste and Interserve segment provides waste reduction and treatment solutions.
Mitie Group PLC 25.4% potential upside indicated by Liberum Capital
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- Written by: Anthony Fox
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Mitie Group plc (LON:MTO) announces robust H1 FY25 results, showcasing a 13% revenue boost fueled by new contracts and strategic expansions.
Mitie Group plc (LON:MTO) reports a stellar year, with revenue up 11% and operating profit up 30%. Details of their exceptional performance in FY24 here.
