Liberum Capital reaffirmed their buy rating on shares of Mears Group PLC (LON:MER) in a research note released on Tuesday morning. The firm currently has a GBX 525 ($6.61) target price on the stock.

Separately, Peel Hunt reiterated a buy rating and issued a GBX 550 ($6.92) price objective on shares of Mears Group PLC in a report on Tuesday, January 17th.

Mears Group PLC (LON:MER) opened at 520.00 on Tuesday. The company’s market capitalization is GBX 533.31 million. Mears Group PLC has a 12-month low of GBX 346.75 and a 12-month high of GBX 540.00. The firm’s 50 day moving average price is GBX 505.60 and its 200-day moving average price is GBX 480.39.

TRADEMARK VIOLATION WARNING: “Liberum Capital Reaffirms “Buy” Rating for Mears Group PLC (MER)” was originally published by Marea Informative and is owned by of Marea Informative. If you are accessing this article on another domain, it was stolen and republished in violation of US & international copyright law. The correct version of this article can be viewed at

The business also recently announced a dividend, which will be paid on Thursday, July 6th. Stockholders of record on Thursday, June 15th will be issued a dividend of GBX 8.40 ($0.11) per share. This is a boost from Mears Group PLC’s previous dividend of $3.30. This represents a dividend yield of 1.68%. The ex-dividend date is Thursday, June 15th.

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.

Receive News & Stock 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 stocks with our FREE daily email newsletter.