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Mitie Group PLC (MTO)

London
Currency in GBP
Disclaimer
104.40
-0.20(-0.19%)
Real-time Data

MTO Price Commentary

Broke through through the 80p £145m forecast puts them on pe of 7/8 ? Expdct brokers forecasts above 100p ?
Mitie has renewed its government covid contract for another year making roughly £1m p/day. Not sure why it hasn't been reported here or any change in sp. Serco has achieved the same but is responsible for more
So what's the feeling on this one. I'm thinking Mitie has room to grow and eventually bring back dividends which will make it more attractive. Fantastic run it has been on and volumes still relatively low.
Now retail premises are opening its time to buy Mitie value upto 75p (now 66p)
Been climbing slowly and for many secretly... Still see value at 61p and waitkng for 100p
talk of a rights issue, price target 18
Im. In at 39 a few weks ago after terrible news.. Should have doubled down when they fell to 31p.. Its got to be worth 50p to 75p in the medium term.. Facilities Management and cleaning services... What could go wrong in the crazy worlds..??
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