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The latest update is out from Mitie Group plc ( (GB:MTO) ).
Mitie Group plc announced that the Trustees of the Company’s Share Incentive Plan have purchased ordinary shares on behalf of Phil Bentley, a person discharging managerial responsibility. This transaction, which involves the acquisition of 103 partnership shares and the awarding of 51 matching shares, is in line with the UK Market Abuse Regulation, reflecting the company’s ongoing commitment to aligning managerial interests with shareholder value.
The most recent analyst rating on (GB:MTO) stock is a Hold with a £145.00 price target. To see the full list of analyst forecasts on Mitie Group plc stock, see the GB:MTO Stock Forecast page.
Spark’s Take on GB:MTO Stock
According to Spark, TipRanks’ AI Analyst, GB:MTO is a Outperform.
Mitie Group plc’s overall stock score is driven by strong financial performance, particularly in revenue growth and cash flow efficiency. However, technical indicators suggest a neutral to slightly bearish trend, and valuation metrics indicate moderate attractiveness. The absence of earnings call insights and corporate events does not impact the score.
To see Spark’s full report on GB:MTO stock, click here.
More about Mitie Group plc
Average Trading Volume: 3,627,616
Technical Sentiment Signal: Buy
Current Market Cap: £1.89B
For a thorough assessment of MTO stock, go to TipRanks’ Stock Analysis page.