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Mears Group PLC 14.9% Potential Upside Indicated by Liberum Capital

Mears Group PLC with EPIC/TICKER (LON:MER) 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 a target price of 540 GBX on its stock. This is indicating the analyst believes there is a potential upside of 14.9% from the opening price of 470 GBX. Over the last 30 and 90 trading days the company share price has decreased 40 points and decreased 29 points respectively. The 52 week high for the stock is 540 GBX while the year low stock price is currently 346.75 GBX.

Mears Group PLC has a 50 day moving average of 509.93 GBX and a 200 day moving average of 491.59. There are currently 102,984,104 shares in issue with the average daily volume traded being 72,590. Market capitalisation for LON:MER is £467,547,832 GBP.

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