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Mitie Group plc ( (GB:MTO) ) just unveiled an update.
Mitie Group plc has announced the performance condition targets for its Long-Term Incentive Plan, which includes measures such as revenue, earnings per share, and return on invested capital, each weighted equally. The plan allows for vesting of awards based on performance, with the committee retaining discretion to adjust awards based on ESG considerations and overall performance, ensuring alignment with shareholder and employee interests.
The most recent analyst rating on (GB:MTO) stock is a Hold with a £150.00 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 Neutral.
Mitie Group plc’s overall stock score is driven primarily by its strong financial performance, characterized by robust revenue growth and improved cash flow. However, technical indicators suggest a bearish trend, which could pose short-term risks. The valuation is moderate, with a reasonable P/E ratio and attractive dividend yield, providing a balance between growth and income potential.
To see Spark’s full report on GB:MTO stock, click here.
More about Mitie Group plc
Founded in 1987, Mitie Group plc is a leading technology-led facilities management, transformation, and compliance company in the UK, employing 80,000 people. The company serves around 3,000 customers across public and private sectors, providing services in engineering, security, hygiene, and transformational projects such as decarbonization and telecoms infrastructure. Mitie is recognized for its industry-leading ESG credentials and has received multiple awards for its low carbon solutions and net zero strategies.
Average Trading Volume: 3,349,837
Technical Sentiment Signal: Buy
Current Market Cap: £1.79B
Find detailed analytics on MTO stock on TipRanks’ Stock Analysis page.