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Mears Group PLC 16.5% 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 a target price of 525 GBX on its stock. This indicates the analyst now believes there is a potential upside of 16.5% from today’s opening price of 450.75 GBX. Over the last 30 and 90 trading days the company share price has increased 0.75 points and decreased 27.25 points respectively. The 52 week high for the share price is currently at 540 GBX while the year low stock price is currently 420.25 GBX.

Mears Group PLC has a 50 day moving average of 460.46 GBX and a 200 day moving average of 489.35. There are currently 365,927,398 shares in issue with the average daily volume traded being 44,255. Market capitalisation for LON:MER is £479,015,889 GBP.

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