Mears Group PLC Receives Buy Rating from Liberum Capital (MER)
Mears Group PLC (LON:MER)‘s stock had its “buy” rating restated by Liberum Capital in a research note issued on Friday. They currently have a GBX 560 ($9.41) price objective on the stock. Liberum Capital’s target price would indicate a potential upside of 18.21% from the stock’s previous close.
Mears Group PLC (LON:MER) traded down 1.53% on Friday, hitting GBX 466.50. 212,134 shares of the company’s stock traded hands. Mears Group PLC has a 52-week low of GBX 362.25 and a 52-week high of GBX 540.00. The stock has a 50-day moving average of GBX 488. and a 200-day moving average of GBX 486.7. The company’s market cap is £469.6 million.
Several other analysts have also recently commented on the stock. Analysts at Investec reiterated an “add” rating on shares of Mears Group PLC in a research note on Monday, May 19th. They now have a GBX 520 ($8.74) price target on the stock.
Mears Group PLC (LON:MER) is a holding company.
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