Mercia Asset Management (LON:MERC) Earns “Buy” Rating from Canaccord Genuity Group

Posted by Casey Walker on Sep 27th, 2026

Mercia Asset Management (LON:MERC – Get Free Report)‘s stock had its “buy” rating reiterated by investment analysts at Canaccord Genuity Group in a research note issued on Thursday, Marketbeat.com reports. They presently have a GBX 67 target price on the stock. Canaccord Genuity Group’s price objective suggests a potential upside of 133.45% from the company’s current price.

Mercia Asset Management Price Performance

LON MERC opened at GBX 28.70 on Thursday. The stock has a market cap of £120.83 million, a price-to-earnings ratio of -14.35 and a beta of 0.76. Mercia Asset Management has a 52-week low of GBX 25.12 and a 52-week high of GBX 34. The company has a debt-to-equity ratio of 0.54, a quick ratio of 5.34 and a current ratio of 99.15. The business has a 50 day simple moving average of GBX 26.94 and a 200 day simple moving average of GBX 27.87.

Mercia Asset Management (LON:MERC – Get Free Report) last released its earnings results on Tuesday, June 30th. The company reported GBX (2) earnings per share (EPS) for the quarter. Mercia Asset Management had a negative return on equity of 4.78% and a negative net margin of 25.23%. Analysts anticipate that Mercia Asset Management will post 0.9368771 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider Mark Andrew Payton bought 56,083 shares of the business’s stock in a transaction on Thursday, August 20th. The shares were purchased at an average price of GBX 27 per share, for a total transaction of £15,142.41. Also, insider Martin James Glanfield purchased 104,132 shares of Mercia Asset Management stock in a transaction on Thursday, August 20th. The shares were purchased at an average cost of GBX 26 per share, with a total value of £27,074.32. In the last three months, insiders purchased 225,892 shares of company stock worth $5,994,952. 18.61% of the stock is owned by insiders.

Mercia Asset Management Company Profile

(Get Free Report)

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.