Mears Group (LON:MER)‘s stock had its “buy” rating reaffirmed by equities researchers at Peel Hunt in a research note issued on Monday, ThisIsMoney.Co.Uk reports.
Other analysts have also issued reports about the stock. Liberum Capital reissued a “buy” rating on shares of Mears Group in a research report on Friday, March 29th. Jefferies Financial Group reissued a “hold” rating on shares of Mears Group in a research report on Tuesday, April 9th.
Mears Group stock opened at GBX 245 ($3.20) on Monday. The company has a debt-to-equity ratio of 45.23, a quick ratio of 0.86 and a current ratio of 1.15. Mears Group has a 1-year low of GBX 220 ($2.87) and a 1-year high of GBX 400 ($5.23). The stock has a market capitalization of $270.70 million and a P/E ratio of 10.70.
About Mears Group
Mears Group PLC, through its subsidiaries, provides a range of outsourced services to the public and private sectors in the United Kingdom. It operates in two segments, Housing and Care. The company offers rapid response and planned maintenance services to local authorities and registered social landlords, including responsive repairs; gas and voids services; maintenance, repairs, capital works, and energy investment solution for public buildings; estate cleaning services; and grounds maintenance, hard landscaping, soft landscaping, and arboriculture.
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