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Mears Group PLC 19.3% Potential Upside Indicated by Liberum Capital

Mears Group PLC using EPIC/TICKER code (LON:MER) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Liberum Capital. Mears Group PLC are listed in the Industrials sector within UK Main Market. Liberum Capital have set their target price at 540 GBX on its stock. This is indicating the analyst believes there is a potential upside of 19.3% from the opening price of 452.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 20.5 points and decreased 54.5 points respectively. The 1 year high stock price is 540 GBX while the 52 week low is 407 GBX.

Mears Group PLC has a 50 day moving average of 485.76 GBX and a 200 day moving average of 493.22. There are currently 103,317,237 shares in issue with the average daily volume traded being 17,637. Market capitalisation for LON:MER is £462,861,222 GBP.

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