Shares of Mercia Asset Management PLC (LON:MERC – Get Free Report) shot up 1.9% on Thursday . The company traded as high as GBX 30 and last traded at GBX 30. Approximately 161,457 shares were traded during mid-day trading, a decline of 77% from the average session volume of 691,077 shares. The stock had previously closed at GBX 29.45.
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 67 target price on shares of Mercia Asset Management in a report on Thursday, April 16th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Mercia Asset Management presently has an average rating of “Buy” and an average price target of GBX 67.
Read Our Latest Research Report on MERC
Mercia Asset Management Price Performance
Mercia Asset Management Company Profile
Mercia is a regionally focused private capital asset manager with c.£2.0billion of AuM, investing across venture capital, private debt, private equity and property development finance. Our purpose is to deliver long-term value for investors while supporting the growth and resilience of the UK economy.
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