Mears Group plc (MER) Price Target Increased to GBX 525 by Analysts at Liberum Capital
Mears Group plc (LON:MER) had its price target hoisted by Liberum Capital from GBX 500 ($6.58) to GBX 525 ($6.91) in a research note published on Friday. They currently have a buy rating on the stock.
Separately, Peel Hunt reissued a buy rating and issued a GBX 550 ($7.23) target price on shares of Mears Group plc in a research report on Tuesday, August 15th.
Mears Group plc (MER) opened at GBX 453.75 ($5.97) on Friday. Mears Group plc has a fifty-two week low of GBX 420.25 ($5.53) and a fifty-two week high of GBX 540 ($7.10).
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In related news, insider Peter Dicks purchased 9,455 shares of the firm’s stock in a transaction on Thursday, August 17th. The stock was purchased at an average cost of GBX 447 ($5.88) per share, for a total transaction of £42,263.85 ($55,588.39). Also, insider Robert (Bob) Holt sold 100,000 shares of the firm’s stock in a transaction that occurred on Monday, November 6th. The shares were sold at an average price of GBX 459 ($6.04), for a total value of £459,000 ($603,709.06).
About Mears Group plc
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.
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