Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Mitie Group plc ( (GB:MTO) ) has issued an update.
Mitie Group plc announced that Simon Kirkpatrick and Peter Dickinson have been granted options over ordinary shares under the company’s Long Term Incentive Plan (LTIP). The performance conditions for the LTIP are based on revenue, EPS, and ROIC, with additional considerations for leverage and ESG factors. The company has decided to delay setting specific performance targets until October 2025 to align with future strategic plans, which will be disclosed in a stock exchange announcement.
The most recent analyst rating on (GB:MTO) stock is a Buy with a £170.00 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 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
Mitie Group plc operates in the facilities management industry, offering a range of services including security, cleaning, and energy management. The company focuses on providing integrated facilities management solutions to various sectors, including public and private organizations.
Average Trading Volume: 4,853,509
Technical Sentiment Signal: Buy
Current Market Cap: £1.75B
Find detailed analytics on MTO stock on TipRanks’ Stock Analysis page.