Analyst Price Target is GBX 64
▲ +120.69% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Mercia Asset Management in the last 3 months. The average price target is GBX 64, with a high forecast of GBX 64 and a low forecast of GBX 64. The average price target represents a 120.69% upside from the last price of GBX 29.
Current Consensus is
Buy
The current consensus among 2 polled investment analysts is to buy stock in Mercia Asset Management. This Buy consensus rating has held steady for over two years.
Mercia is a proactive, specialist asset manager focused on supporting regional SMEs to achieve their growth aspirations. Mercia provides capital across its four asset classes of balance sheet, venture, private equity and debt capital; the Group’s 'Complete Capital Solution'. The Group initially nurtures businesses via its third-party funds under management then, over time, Mercia can provide further funding to the most promising companies by deploying direct investment follow-on capital from its own balance sheet.
The Group has a strong UK regional footprint through its eight offices, 19 university partnerships and extensive personal networks, providing it with access to high-quality deal flow. Mercia has c.£775 million of assets under management and, since its IPO in December 2014, has invested over £90million across its direct investment portfolio.
Mercia Asset Management PLC is quoted on AIM with the epic "MERC".
Read More
