Mears Group PLC Rating Reiterated by Liberum Capital (MER)
Mears Group PLC (LON:MER)‘s stock had its “buy” rating restated by stock analysts at Liberum Capital in a report issued on Friday. They currently have a GBX 528 ($8.86) price objective on the stock. Liberum Capital’s target price would suggest a potential upside of 9.09% from the company’s current price.
Shares of Mears Group PLC (LON:MER) traded up 0.52% during mid-day trading on Friday, hitting GBX 486.50. 9,630 shares of the company’s stock traded hands. Mears Group PLC has a 52-week low of GBX 398.50 and a 52-week high of GBX 540.00. The stock’s 50-day moving average is GBX 472.6 and its 200-day moving average is GBX 489.6. The company’s market cap is £489.7 million.
Separately, 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 ($8.72) price target on the stock.
Mears Group PLC (LON:MER) is a holding company.
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