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Mears Group Plc ( (GB:MER) ) has issued an update.
Mears Group PLC announced its total voting rights, stating that the company’s issued share capital consists of 86,474,628 ordinary shares, each with one voting right. This information is crucial for shareholders to determine their interest in the company’s share capital under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
The most recent analyst rating on (GB:MER) stock is a Buy with a £4.35 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’s overall stock score of 77.95 reflects strong financial performance, particularly in income growth and cash flow generation. The stock is technically sound with positive market momentum. Valuation metrics indicate the stock is undervalued, with a solid dividend yield supporting income investors. The recent contract wins and shareholder return strategies, including a dividend increase and share buybacks, further bolster the company’s prospects. However, high leverage remains a risk that requires management’s attention.
To see Spark’s full report on GB:MER stock, click here.
More about Mears Group Plc
Average Trading Volume: 279,252
Technical Sentiment Signal: Buy
Current Market Cap: £345.9M
See more insights into MER stock on TipRanks’ Stock Analysis page.