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Stock impact report

At UK£1.67, Is It Time To Put Mitie Group plc (LON:MTO) On Your Watch List? [Yahoo! Finance]

MITIE GROUP PLC UNSP/ADR (MITFY) 
NASDAQ:AMEX Investor Relations: mitie.com/investors
Company Research Source: Yahoo! Finance
The company's trading levels have reached its high for the past year, following the recent bounce in the share price. As a mid-cap stock with high coverage by analysts, you could assume any recent changes in the company's outlook is already priced into the stock. However, could the stock still be trading at a relatively cheap price? Today we will analyse the most recent data on Mitie Group's outlook and valuation to see if the opportunity still exists. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Good news, investors! Mitie Group is still a bargain right now. According to our valuation, the intrinsic value for the stock is £2.35, which is above what the market is valuing the company at the moment. This indicates a potential opportunity to buy low. Another thing to keep in mind is that Mitie Group's share price may be quite stable relative to the rest of the market, as indicated by its low beta. This means that if Show less Read more
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