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.

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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.

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