Shares of Merit Group plc (LON:MRIT – Get Free Report) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 35 ($0.45) and last traded at GBX 36 ($0.47), with a volume of 90561 shares traded. The stock had previously closed at GBX 60.50 ($0.79).
Analysts Set New Price Targets
Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 120 ($1.56) target price on shares of Merit Group in a research report on Thursday, July 18th.
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Merit Group Price Performance
Merit Group Company Profile
Merit Group plc gathers, organizes, and enriches data that informs b2b intelligence brands in the United Kingdom, Belgium, the United States, France, Germany, and internationally. It operates in two segments, Merit Data & Technology and Dods. The company offers data, data engineering, and machine learning, as well as software and technology resourcing services.
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