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Expect this to keep rising up to that magic £1.00 and beyond. :)
All, See latest share price upgrade.
JEFFERIES RAISES MITIE GROUP PRICE TARGET TO 99 (80) PENCE - 'BUY'
JPMORGAN RAISES MITIE GROUP PRICE TARGET TO 80 (43) PENCE.
Looking very good for future movement up. :)
Totally agree , very cheap at the moment. but as the covid issue gets better . should see a big healthy re rate of share price easy into the £s. :)
Agreed, I don't believe this at all. should start rising back very soon.
very undervalued. :)
Nice steady rise up. :)
Mitie Group plc ("Mitie" or "the Group") (LSE: MTO) announces the appointment of Peel Hunt LLP as a joint corporate broker to Mitie with immediate effect. Jefferies International Ltd remains Mitie's other joint corporate broker.
Great News
Mitie Group (UK, 0465740) will be added to the FTSE 250 Index and removed from the FTSE SmallCap Index.
Moving on to a higher platform, means more buyers = share price rising. Very Cheap at the moment. great buy. :)
:)
Totally agree, very undervalued at the moment. should start to move up next week. :)
Share price holding well. :)
All, Mitie share price building up nicely. :)
Yes, have to agree 80p could look very cheap soon. worth at least double adding in Interserve as well.
Agree the Service Industry will recover and Mitie is in a strong position to build on this.
Building up nicely. just the start of things to come. still very cheap to buy. :) GLA
Totally agree, a very good deal and at a very low price. now with both companies working under the same roof as they say. this is only going to make the share price rise. even 80p will look cheap if add in the scale of the combined company the share price is very very cheap. above 100.00p easy .
Outlook
Although the performance in the third quarter of the year was encouraging, the new national lockdown measures currently in place are likely to result in flat growth in the fourth quarter. Overall, second half performance will be stronger than the first half.
The underlying acquired Interserve business is holding up well and synergy benefits are starting to be realised. Therefore Mitie Group's FY20/21revenue and operating profit before other items, including share of JVs and associates, will be higher than previously thought with revenue (including Interserve for December 2020 to March 2021) in the region of £2.4-2.5bn and operating profit before other items in the region of £57-61m.
Agree , but as a whole all stocks have been low- due to this pandemic. But once we move forward out of this not ideal time . we will see a recovery start to build back up. MITIE's share price is a steal at the moment. Should be a lot higher in the future.
This could be the start of a nice recovery building here. since 27p.
Happy New year all. :)
Evening all, I have not been checking for a while. Very Busy at the moment.
But I did manage to buy a few shares on Britdaq, while they are available. very good prices.
Update from Aidan looks very good. :)
This is looking like , Could be a great year.
for all Whet & WRN Share Holders.
Exciting times ahead.
:)