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Mitie Group Directors Acquire Shares

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Mitie Group Directors Acquire Shares

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Mitie Group plc ( (GB:MTO) ) has provided an announcement.

Mitie Group plc announced the acquisition of ordinary shares by two of its directors, Mary Reilly and Salma Shah, as part of their transactions in the company. This notification aligns with the UK Market Abuse Regulation requirements, indicating transparency in the company’s internal transactions and potentially affecting stakeholder perceptions.

The most recent analyst rating on (GB:MTO) stock is a Buy with a £156.00 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 of 70 reflects strong financial performance, particularly in revenue growth and cash flow efficiency. The stock’s valuation is reasonable with a moderate P/E ratio and a solid dividend yield. Technical indicators suggest a neutral trend, with no significant bullish or bearish signals. The absence of earnings call and corporate events data limits the analysis to these factors.

To see Spark’s full report on GB:MTO stock, click here.

More about Mitie Group plc

Average Trading Volume: 3,237,286

Technical Sentiment Signal: Buy

Current Market Cap: £1.82B

For detailed information about MTO stock, go to TipRanks’ Stock Analysis page.

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