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BUZZ-Mitie: Barclays double upgrades

Fri, 23rd Mar 2018 08:31

** Outsourcer Mitie up 5.3 pct; top gainer on FTSESmall Cap index & set for biggest one-day rise sinceJuly

** Barclays double upgrades stock to "overweight" from"underweight"; raises PT to 180p from 174p

** With the share price -23 pct YTD and -42 pct in the past6 months, back at 2005 levels, we believe risks are largelypriced in - Barclays** 5 of 10 brokerages rate the stock "strong buy", 4 "hold"and 1 "sell"; their median PT is 272.50p

Mitie Mitie

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