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 515 GBX on its stock. This would imply the analyst believes there is now a potential upside of 21.2% from today’s opening price of 425 GBX. Over the last 30 and 90 trading days the company share price has increased 10.75 points and decreased 14.75 points respectively.
Mears Group PLC LON:MER has a 50 day moving average of 424.14 GBX and the 200 Day Moving Average price is recorded at 422.06 GBX. The 1 year high for the stock price is 475 GBX while the 52 week low for the stock is 361.75 GBX. There are currently 413,281,743 shares in issue with the average daily volume traded being 90,493. Market capitalisation for LON:MER is £434,269,454 GBP.
Mears Group PLC is a United Kingdom-based holding company. The principal activities of the Company are the provision of a range of outsourced services to the public and private sectors. The Company operates in two business segments: Social Housing and Care. The Company’s Social Housing segment provides full repair and maintenance services to local authorities and other registered social landlords.