Mears Group’s (MER) “Buy” Rating Reaffirmed at Liberum Capital
Mears Group (LON:MER)‘s stock had its “buy” rating reiterated by equities research analysts at Liberum Capital in a research report issued to clients and investors on Tuesday.
A number of other equities analysts have also recently commented on MER. Peel Hunt restated a “buy” rating on shares of Mears Group in a report on Thursday, June 7th. Jefferies Financial Group lowered their target price on Mears Group from GBX 460 ($5.87) to GBX 380 ($4.85) and set a “hold” rating for the company in a report on Monday, August 6th.
Shares of Mears Group stock opened at GBX 351.40 ($4.48) on Tuesday. Mears Group has a 12 month low of GBX 357.50 ($4.56) and a 12 month high of GBX 533.50 ($6.81).
Mears Group PLC, through its subsidiaries, provides a range of outsourced services to the public and private sectors in the United Kingdom. It operates in two segments, Housing and Care. The company offers rapid response and planned maintenance services to local authorities and registered social landlords, including responsive repairs; gas and voids services; maintenance, repairs, capital works, and energy investment solution for public buildings; estate cleaning services; and grounds maintenance, hard landscaping, soft landscaping, and arboriculture.
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