Peel Hunt restated their buy rating on shares of Mears Group (LON:MER) in a research note published on Tuesday morning. They currently have a GBX 550 ($7.40) price objective on the stock.

Separately, Liberum Capital upped their target price on Mears Group from GBX 500 ($6.73) to GBX 525 ($7.07) and gave the company a buy rating in a research report on Friday, November 10th.

Shares of Mears Group (LON MER) opened at GBX 390 ($5.25) on Tuesday. Mears Group has a 12 month low of GBX 377.97 ($5.09) and a 12 month high of GBX 540 ($7.27).

In other news, insider Robert (Bob) Holt sold 100,000 shares of the stock in a transaction dated Monday, November 6th. The stock was sold at an average price of GBX 459 ($6.18), for a total value of £459,000 ($617,765.81).

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Mears Group 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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