Mears Group (MER) Stock Rating Reaffirmed by Peel Hunt

Mears Group (LON:MER)‘s stock had its “buy” rating restated by research analysts at Peel Hunt in a research note issued on Tuesday. They currently have a GBX 550 ($7.40) target price on the stock. Peel Hunt’s price target suggests a potential upside of 42.12% from the stock’s previous close.

Separately, Liberum Capital restated a “buy” rating and set a GBX 540 ($7.27) price objective on shares of Mears Group in a report on Tuesday, August 15th.

Mears Group (LON:MER) opened at GBX 387 ($5.21) on Tuesday. Mears Group has a 12-month low of GBX 377.97 ($5.09) and a 12-month high of GBX 540 ($7.27).

In other news, insider Robert (Bob) Holt sold 100,000 shares of Mears Group stock in a transaction that occurred on Monday, November 6th. The shares were sold at an average price of GBX 459 ($6.18), for a total value of £459,000 ($617,765.81).

TRADEMARK VIOLATION WARNING: This piece of content was originally reported by Sports Perspectives and is the sole property of of Sports Perspectives. If you are accessing this piece of content on another website, it was illegally copied and reposted in violation of international trademark & copyright laws. The original version of this piece of content can be accessed at https://sportsperspectives.com/2017/12/07/mears-group-mer-stock-rating-reaffirmed-by-peel-hunt.html.

Mears Group Company Profile

Mears Group PLC is a United Kingdom-based holding company. The Company’s principal activities are the provision of a range of outsourced services to the public and private sectors. The Company operates through two segments, which include Housing and Care. The Housing segment is engaged in providing a full housing management service predominantly to Local Authorities and other Registered Social Landlords.

Receive News & Ratings for Mears Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mears Group plc and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply