Mears Group PLC 3.4% Potential Upside Indicated by Liberum Capital

Broker Ratings

Mears Group PLC using EPIC/TICKER code (LON:MER) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ 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 150 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 3.4% from the opening price of 145 GBX. Over the last 30 and 90 trading days the company share price has decreased 14.5 points and decreased 35.5 points respectively. The 52 week high for the stock is 323 GBX while the 52 week low for the stock is 115.4 GBX.

Mears Group PLC has a 50 day moving average of 165.96 GBX and a 200 day moving average of 228.12. There are currently 110,503,167 shares in issue with the average daily volume traded being 227,214. Market capitalisation for LON:MER is £158,627,299 GBP.

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