Mitie Group PLC 32.6% potential upside indicated by Jefferies

Mitie Group PLC with ticker (LON:MTO) now has a potential upside of 32.6% 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 94 GBX at opening today (28/06/2023) indicates a potential upside of 32.6%. Trading has ranged between 55 (52 week low) and 104 (52 week high) with an average of 3,428,020 shares exchanging hands daily. The market capitalisation at the time of writing is £1,306,427,767.

Mitie Group plc is a United Kingdom-based facilities management company. The Company offers a range of services to the public and private sectors, including engineering services, energy, security, cleaning and specialist services, including custody, landscaping and waste management services. Its customers range from banks and retailers, to hospitals, schools and government entities. The Company’s segments include Business Services, Technical Services, Central Government & Defence (CG&D), Communities, Care & Custody, Landscapes, Waste, and Spain. Business Services segment offers cleaning, security and office services to a diverse range of sectors, including financial and professional services, manufacturing, telecoms, retail, and transport. Technical Services segment provides the full range of key technology backed engineering, maintenance, energy, carbon and water management services, air-conditioning/disinfection solutions, digital workplace services and other.