Mears Group (LON:MER) Share Price Passes Below 200 Day Moving Average – Here’s Why

Posted by Stephan Jacobs on Jan 3rd, 2026

Mears Group plc (LON:MER – Get Free Report)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 358.32 and traded as low as GBX 356.50. Mears Group shares last traded at GBX 358, with a volume of 32,635 shares traded.

Wall Street Analysts Forecast Growth

MER has been the subject of several recent analyst reports. Panmure Gordon reiterated a “buy” rating and set a GBX 499 price objective on shares of Mears Group in a research report on Monday, December 8th. Peel Hunt reaffirmed a “buy” rating and set a GBX 440 price target on shares of Mears Group in a research report on Monday, December 8th. Finally, Berenberg Bank assumed coverage on Mears Group in a report on Tuesday, October 28th. They set a “buy” rating and a GBX 550 price target for the company. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Mears Group presently has a consensus rating of “Buy” and an average price target of GBX 499.75.

Check Out Our Latest Report on MER

Mears Group Stock Down 1.1%

The company has a current ratio of 0.87, a quick ratio of 0.92 and a debt-to-equity ratio of 139.90. The stock’s 50-day moving average price is GBX 359.02 and its 200-day moving average price is GBX 358. The company has a market cap of £291.72 million, a P/E ratio of 6.63, a PEG ratio of 0.68 and a beta of 1.26.

About Mears Group

(Get Free Report)

Mears Group plc, together with its subsidiaries, provides various outsourced services to the public and private sectors in the United Kingdom. The company offers rapid-response and planned maintenance services to local authorities; gas and repair services; and maintenance and repairs, capital works, energy investment, and regeneration solutions for public buildings, as well as grounds maintenance services. It provides housing management services, which include supply of affordable homes to public and private sectors; emergency and temporary accommodation services; affordable housing/social housing management; housing with care services; private rented sector; stock acquisition; mears housing solutions; and housing services to central government departments.