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The latest announcement is out from Mercia Asset Management ( (GB:MERC) ).
Mercia Asset Management PLC has transferred 5,335 Ordinary shares from treasury to fulfill employee share options, which impacts the company’s share capital and voting rights. The issued share capital now consists of 431,508,401 Ordinary Shares, with 12,517,729 shares held in treasury, providing shareholders with a basis for calculating their voting interests.
The most recent analyst rating on (GB:MERC) stock is a Hold with a £32.00 price target. To see the full list of analyst forecasts on Mercia Asset Management stock, see the GB:MERC Stock Forecast page.
Spark’s Take on GB:MERC Stock
According to Spark, TipRanks’ AI Analyst, GB:MERC is a Neutral.
Mercia Asset Management’s solid financial performance is the most significant factor, supported by strong revenue growth and a stable balance sheet. However, technical indicators suggest a bearish trend, and the high P/E ratio indicates overvaluation, which negatively impacts the overall score.
To see Spark’s full report on GB:MERC stock, click here.
More about Mercia Asset Management
Mercia Asset Management PLC is a regionally focused private capital asset manager with approximately £2.0 billion of assets under management.
Average Trading Volume: 471,820
Technical Sentiment Signal: Strong Buy
Current Market Cap: £142.4M
For detailed information about MERC stock, go to TipRanks’ Stock Analysis page.