Liberum Capital Reiterates Buy Rating for Mears Group PLC (MER)
Mears Group PLC (LON:MER)‘s stock had its “buy” rating restated by equities research analysts at Liberum Capital in a research note issued to investors on Tuesday. They currently have a GBX 525 ($6.48) price target on the stock. Liberum Capital’s price objective suggests a potential upside of 3.55% from the company’s current price.
Separately, Peel Hunt reissued a “buy” rating and set a GBX 550 ($6.79) price target on shares of Mears Group PLC in a report on Tuesday, January 24th.
Shares of Mears Group PLC (LON:MER) opened at 507.00 on Tuesday. The company’s market cap is GBX 519.81 million. The company’s 50 day moving average is GBX 512.75 and its 200-day moving average is GBX 471.76. Mears Group PLC has a 12 month low of GBX 346.75 and a 12 month high of GBX 540.00.
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Mears Group PLC Company Profile
Mears Group PLC is a United Kingdom-based holding company. The Company’s principal activities are the provision of a range of outsourced services to the public and private sectors. The Company operates through two segments, which include Housing and Care. The Housing segment is engaged in providing a full housing management service predominantly to Local Authorities and other Registered Social Landlords.
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