Mitie Group (LON:MTO) Receives “Buy” Rating from Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Mitie Group (LON:MTO) in a research note published on Wednesday,Digital Look reports. They currently have a GBX 230 price target on the stock.

Other research analysts also recently issued reports about the company. Royal Bank Of Canada reduced their price objective on Mitie Group from GBX 205 to GBX 200 and set an “outperform” rating on the stock in a report on Friday, June 5th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 195 target price on shares of Mitie Group in a report on Monday, June 8th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of GBX 192.20.

Mitie Group Price Performance

Shares of MTO stock opened at GBX 209.40 on Wednesday. The company has a market capitalization of £2.61 billion, a P/E ratio of 34.33, a P/E/G ratio of 10.10 and a beta of 0.87. The company’s 50-day simple moving average is GBX 162.87 and its two-hundred day simple moving average is GBX 169.83. Mitie Group has a one year low of GBX 134.80 and a one year high of GBX 214. The company has a debt-to-equity ratio of 107.60, a current ratio of 0.89 and a quick ratio of 0.83.

Mitie Group (LON:MTO) last posted its quarterly earnings results on Thursday, June 4th. The company reported GBX 13.60 earnings per share for the quarter. The firm had revenue of GBX 561.86 billion during the quarter. Mitie Group had a net margin of 1.47% and a return on equity of 15.86%. As a group, equities analysts anticipate that Mitie Group will post 10.9360519 EPS for the current year.

Insider Buying and Selling at Mitie Group

In other news, insider Simon Kirkpatrick sold 99,531 shares of the stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of GBX 165, for a total transaction of £164,226.15. Also, insider Mary Reilly acquired 1,503 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The shares were acquired at an average cost of GBX 149 per share, for a total transaction of £2,239.47. Insiders bought a total of 3,812 shares of company stock worth $569,768 over the last quarter. 1.84% of the stock is currently owned by company insiders.

More Mitie Group News

Here are the key news stories impacting Mitie Group this week:

• Positive Sentiment: Mitie agreed to a recommended cash acquisition by OCS, creating a major takeover premium for shareholders and supporting the share price. Mitie Group agrees to be acquired by OCS in $4.2 billion cash deal
• Positive Sentiment: Berenberg Bank reaffirmed its buy rating on Mitie and raised its price target to GBX 230, signaling continued analyst confidence in the company’s valuation. Digital Look broker view
• Positive Sentiment: Mitie reported strong Q1 FY27 trading, with revenue up 10% and a stronger pipeline, helped by Marlowe integration and AI-driven growth, which supports the deal rationale and business momentum. Mitie boosts Q1 revenue and pipeline as Marlowe integration and AI drive growth
• Neutral Sentiment: Shareholders backed all resolutions at Mitie’s 2026 AGM, removing governance uncertainty but not materially changing the investment outlook. Mitie shareholders back all resolutions at 2026 AGM
• Neutral Sentiment: Mitie halted its £100 million share buyback after the takeover offer, which is consistent with a pending transaction and does not by itself change the core valuation story. Mitie Halts £100m Share Buyback After Recommended OCS Takeover Offer

Mitie Group Company Profile

Mitie Group plc, together with its subsidiaries, provides facilities management and professional services in the United Kingdom and internationally. The company operates in four segments: Business Services, Technical Services, Central Government & Defense (CG&D), Communities. The company provides decarbonization, electrical grid connections, emission intelligence, energy and carbon, EV fleets, and heat solutions, as well as solar energy; cleaning and hygiene, engineering maintenance, integrated facilities management, landscape, and waste management services; project and workplace services; and Fire & security systems, front of house, intelligence, vetting, and security guarding service.