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A statement released earlier today by Peel Hunt about Mears Group PLC (LON:MER) maintains the target price at 550.00GBX

Just yesterday Mears Group PLC (LON:MER) traded 2.37% higher at 443.50GBX. MER’s 50-day average is 433.47GBX and its 200-day moving average is 406.02GBX. The last stock price is up 11.57% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. 20,576 shares of the stock were exchanged, down from ann average volume of 107,659.

In a report announced on Monday September 19 2016 Peel Hunt held steady the target price of Mears Group PLC (LON:MER) at 550GBX stating a possible upsideof 0.24%.

Previously on 8/18/2016, Liberum Capital released a statement for Mears Group PLC(LON:MER) held the target price at 470.00GBX. At the time, this suggested an upside of 0.10%.

See Chart Below:

Mears Group PLC (LON:MER)

A total of 5 brokers have released a research note on the company. Two analysts rate the company a strong buy, 0 rate the stock a buy, three firms rate the stock a hold, 0 rate the stock to underperform, and lastly 0 analystsrate the stock as sell with a one year target stock price of 467.00GBX

Mears Group PLC has a one-year low of 346.75GBX and a one-year high of 484.50GBX with a PE ratio of 40 and has a market capitalization of 0.0 GBX.

General Company Details For Mears Group PLC (LON:MER)

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. The Care segment provides personal care services to people in their own homes. The Company’s Housing segment repairs and maintains over 700, 000 of approximately five million Social Homes in the United Kingdom. It provides personal care to over 30, 000 elderly and disabled people. The Company serves customers, including local authorities, charities, tenants and service users, community groups, private landlords’, elderly people and others. Its subsidiaries include Mears Limited, Scion Technical Services Limited, and Morrison Facilities Services Limited and others.

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