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Mitie Group plc ( (GB:MTO) ) has shared an announcement.
Mitie Group plc has announced a transaction involving the purchase of ordinary shares by the Trustees of the Company’s Share Incentive Plan on behalf of Phil Bentley. This transaction, which includes the acquisition of 101 partnership shares and the awarding of 50 matching shares, is part of the company’s compliance with the UK Market Abuse Regulation.
The most recent analyst rating on (GB:MTO) stock is a Buy with a £1.45 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 demonstrates solid financial health with strong revenue and cash flow growth, supported by strategic share buybacks. The technical indicators are positive, but caution is advised due to potential overbought conditions. The attractive valuation further complements the stock’s favorable outlook.
To see Spark’s full report on GB:MTO stock, click here.
More about Mitie Group plc
Average Trading Volume: 3,500,094
Technical Sentiment Signal: Buy
Current Market Cap: £1.85B
Find detailed analytics on MTO stock on TipRanks’ Stock Analysis page.