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Mears Group PLC 21.5% Potential Upside Indicated by Liberum Capital

Mears Group PLC using EPIC/TICKER code (LON:MER) 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 a target price of 480 GBX on its stock. This now indicates the analyst believes there is a possible upside of 21.5% from the opening price of 395 GBX. Over the last 30 and 90 trading days the company share price has decreased 77.5 points and decreased 54.75 points respectively. The 1 year high share price is 540 GBX while the 52 week low is 384.03 GBX.

Mears Group PLC has a 50 day moving average of 457.67 GBX and the 200 Day Moving Average price is recorded at 482.01. There are currently 110,179,002 shares in issue with the average daily volume traded being 45,710. Market capitalisation for LON:MER is £399,418,668 GBP.