Mears Group Expects Strong Year-End Financial Performance

Mears Group Plc ( (GB:MER) ) just unveiled an update.

Mears Group PLC has reported strong trading in the second half of the year and expects its adjusted profit before tax for the financial year ending December 31, 2025, to be at the top end of market guidance. This performance highlights the company’s robust operations and solidifies its position in the housing services industry, potentially benefiting stakeholders through sustained financial growth.

The most recent analyst rating on (GB:MER) stock is a Buy with a £399.00 price target. To see the full list of analyst forecasts on Mears Group Plc stock, see the GB:MER Stock Forecast page.

Spark’s Take on GB:MER Stock

According to Spark, TipRanks’ AI Analyst, GB:MER is a Outperform.

Mears Group Plc shows strong financial performance with solid growth and profitability, although high leverage is a concern. The stock’s valuation is attractive with a low P/E ratio and high dividend yield. The recent acquisition is a positive strategic move, enhancing growth prospects. Technical indicators suggest stable market conditions.

To see Spark’s full report on GB:MER stock, click here.

More about Mears Group Plc

Mears Group PLC is a leading provider of services to the Affordable Housing sector in the UK, managing and maintaining around 450,000 homes. The company works predominantly with Central and Local Government through long-term contracts, focusing on property management, maintenance, and broader housing solutions to address affordable housing challenges. Mears employs over 5,000 people across the UK and emphasizes long-term outcomes, innovation, and sustainable financial returns.

Average Trading Volume: 183,073

Technical Sentiment Signal: Buy

Current Market Cap: £296.4M

Find detailed analytics on MER stock on TipRanks’ Stock Analysis page.