Mears Group (LON:MER) Price Target Increased to GBX 420 by Analysts at Numis Securities

Mears Group (LON:MER) had its target price lifted by Numis Securities from GBX 375 ($4.75) to GBX 420 ($5.32) in a research note published on Thursday morning, MarketBeat Ratings reports. Numis Securities currently has an add rating on the stock.

Mears Group Trading Down 0.3 %

Shares of Mears Group stock opened at GBX 372 ($4.71) on Thursday. The firm has a market cap of £364.26 million, a price-to-earnings ratio of 1,434.62, a PEG ratio of 0.68 and a beta of 1.17. The business has a 50-day moving average price of GBX 354.46 and a 200-day moving average price of GBX 312.80. The company has a quick ratio of 0.92, a current ratio of 1.04 and a debt-to-equity ratio of 104.41. Mears Group has a twelve month low of GBX 195.40 ($2.47) and a twelve month high of GBX 379.50 ($4.80).

Mears Group Company Profile

Mears Group plc, through its subsidiaries, provides various outsourced services to the public and private sectors in the United Kingdom. It offers rapid-response and planned maintenance services to local authorities; gas and repair services; and maintenance and repairs, capital works, energy investment, and regeneration solutions for public buildings, as well as grounds maintenance services.