Mears Group PLC Stock Rating Reaffirmed by Investec (MER)
Mears Group PLC (LON:MER)‘s stock had its “add” rating restated by research analysts at Investec in a report released on Tuesday. They currently have a GBX 520 ($8.69) target price on the stock. Investec’s price objective indicates a potential upside of 5.42% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Liberum Capital reiterated a “buy” rating on shares of Mears Group PLC in a research note on Friday. They now have a GBX 528 ($8.83) price target on the stock.
Shares of Mears Group PLC (LON:MER) opened at 489.00 on Tuesday. Mears Group PLC has a 1-year low of GBX 398.50 and a 1-year high of GBX 540.00. The stock’s 50-day moving average is GBX 474.1 and its 200-day moving average is GBX 489.9. The company’s market cap is £492.2 million.
Mears Group PLC (LON:MER) is a holding company.
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