Mears Group PLC 13.0% potential upside indicated by Liberum Capital

Mears Group PLC with ticker (LON:MER) now has a potential upside of 13.0% according to Liberum Capital.



Liberum Capital set a target price of 220 GBX for the company, which when compared to the Mears Group PLC share price of 192 GBX at opening today (14/12/2021) indicates a potential upside of 13.0%. Trading has ranged between 142 (52 week low) and 228 (52 week high) with an average of 125,648 shares exchanging hands daily. The market capitalisation at the time of writing is £212,930,496.

Mears Group PLC is a United Kingdom-based company, which provides housing services. The Company’s divisions include Maintenance and Management. Maintenance division offers repairs and maintenance of homes in partnership with local authorities and housing associations. Management division offers management of homes and accommodation for key worker/vulnerable groups. The Company works with central government and local government, in the delivery of housing services. In partnership with its housing clients, it maintains, repairs and upgrades the homes of people in communities from remote rural villages to inner-city estates. The Company’s subsidiaries include Let to Birmingham Limited, Manchester Working Limited, Mears Estates Limited, Mears Home Improvement Limited, Mears Housing Management Limited, Omega Housing Limited and O&T Developments Limited.