▲ +87.06% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Mears Group plc (MER.L) in the last 3 months. The average price target is GBX 291.67, with a high forecast of GBX 450 and a low forecast of GBX 150. The average price target represents a 87.06% upside from the last price of GBX 155.92.
The current consensus among 3 investment analysts is to buy stock in Mears Group plc (MER.L). This rating has held steady since August 2019, when it changed from a Hold consensus rating.
Mears Group PLC, through its subsidiaries, provides a range of outsourced services to the public and private sectors in the United Kingdom. The company offers rapid response and planned maintenance services to local authorities and registered social landlords, including responsive repairs; gas services and repair solutions; maintenance and repairs, capital works, energy investment, and regeneration solutions for public buildings; grounds maintenance services; and asset management services. It also provides housing management services, which include supply of affordable homes to public and private sectors, emergency and temporary accommodation services, affordable housing services, affordable accommodation to private renters, housing with care services, and housing services to government departments. In addition, the company offers house building services; and planning application and enforcement services to local authorities. Further, it provides facilities management service to the public and private sectors, including defense estates, education, healthcare, public buildings, and commercial office accommodation. The company was founded in 1988 and is headquartered in Gloucester, the United Kingdom.