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Mears Group PLC 15.4% 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’ today 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 525 GBX on its stock. This now indicates the analyst believes there is a possible upside of 15.4% from the opening price of 455 GBX. Over the last 30 and 90 trading days the company share price has increased 13.25 points and decreased 20 points respectively.

 
Mears Group PLC LON:MER has a 50 day moving average of 460.14 GBX and the 200 Day Moving Average price is recorded at 434.14 GBX. The 52 week high for the stock is 510 GBX while the 52 week low for the stock is 346.75 GBX. There are currently 102,446,309 shares in issue with the average daily volume traded being 143,362. Market capitalisation for LON:MER is £466,130,706 GBP.

 

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.

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