Profits dip at Mitie amid 'competitive and challenging' conditions
22nd Nov 2018 12:46
(Sharecast News) - Profits at Mitie nudged lower in the first half, as the outsourcing specialist continued its overhaul of the businesses.
Read moreMonday broker round-up
19th Nov 2018 12:13
(Sharecast News) - Sainsbury: Berenberg reiterates buy with a target price of 369p.
Read moreLiberum sees dual benefits of Mears and Mitie social housing deal
19th Nov 2018 11:39
(Sharecast News) - Analysts at Liberum said Mitie's decision to sell its social housing businesses - Mitie Property Management and MPS Housing - to Mears Group for as much as £35m in cash was a "sensible deal" that strengthened both balance sheets.
Read moreMitie to sell social housing business to Mears for up to £35m
19th Nov 2018 09:34
(Sharecast News) - Outsourcer Mitie has agreed to sell its social housing business - Mitie Property Management and MPS Housing - to Mears Group for up to £35m in cash.
Read moreCMA smells a rat with Rentokil-Mitie pest control deal
12th Oct 2018 12:38
(Sharecast News) - Competition authorities have launched an investigation into Rentokil Initial's completed acquisition of Mitie's pest control business.
Read moreMonday broker round-up
8th Oct 2018 13:07
(Sharecast News) - Mediclinic International: Investec upgrades to buy with a target price of 448p.
Read moreMitie beefs up security arm with Compass acquisition
8th Oct 2018 07:41
(Sharecast News) - Mitie has quickly deployed some of the cash from selling its pest control arm to one FTSE 100 group last week by snapping up a security services business from another blue chip giant.
Read moreFriday broker round-up
5th Oct 2018 13:40
(Sharecast News) - Intertek Group: Berenberg upgrades to buy with a target price of 5,500p.
Read moreRentokil snaps up Mitie's pest control arm for £40m
1st Oct 2018 12:17
(Sharecast News) - Mitie has agreed to sell its pest control subsidiary to FTSE 100 giant Rentokil Initial for £40m in cash.
Read moreJefferies welcomes Mitie's sale of pest control wing to Rentokil
1st Oct 2018 11:44
(Sharecast News) - Following Mitie's announcement that it will dispose of its pest control operations to Rentokil, analysts at Jefferies took another run at their numbers on both parties.
Read moreMitie eyes flat profits as it sticks to long-term knitting
26th Sep 2018 12:06
(Sharecast News) - Outsourcing provider Mitie Group saw its shares drop on Wednesday after the company said it still expected first half operating profits to be "flat to slightly down".
Read moreWednesday preview: FOMC, Carney and Mitie in the spotlight
25th Sep 2018 13:55
(Sharecast News) - All eyes will be on the Federal Reserve's policy guidance on Wednesday.
Read moreStifel upgrades Mitie to 'hold' as valuation becomes 'difficult to ignore'
6th Aug 2018 16:23
(Sharecast News) - Analysts at Stifel took another look at Mitie after the group's recent share price weakness, and although their fundamental view of the company was unchanged, leading them to leave their price target on the group at 186p, they chose to up their stance on the facilities manager from 'hold' to 'buy'.
Read moreHammond wants more public sector spending cuts
1st Aug 2018 11:38
(Sharecast News) - The chancellor has told government departments to prepare for further spending cuts before next year's spending review, putting him at odds with cabinet members who want to ease austerity.
Read moreMitie warns on profits again, brings in new CFO
18th Jan 2017 07:36
(ShareCast News) - Mitie Group warned earnings will be below forecasts as the beleaguered facilities management firm battles with client deferrals, delayed investment plans and an underperforming cleaning division. After profit warnings in September and November, the FTSE 250 company again lowered i
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