Melrose Industries PLC (LON:MRO) has been assigned an average rating of “Buy” from the thirteen analysts that are currently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation and eleven have assigned a buy recommendation to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is GBX 255.42 ($3.42).
MRO has been the topic of several recent analyst reports. Numis Securities reaffirmed a “buy” rating and issued a GBX 250 ($3.35) price target on shares of Melrose Industries in a report on Monday. Beaufort Securities reissued a “buy” rating on shares of Melrose Industries in a report on Friday, September 1st. Deutsche Bank restated a “hold” rating and set a GBX 220 ($2.95) price target on shares of Melrose Industries in a research report on Friday, October 13th. Peel Hunt reiterated a “buy” rating and issued a GBX 240 ($3.21) price objective on shares of Melrose Industries in a research report on Wednesday, September 6th. Finally, Liberum Capital reiterated a “buy” rating and issued a GBX 260 ($3.48) price objective on shares of Melrose Industries in a research report on Tuesday, November 21st.
Shares of Melrose Industries (LON MRO) opened at GBX 203.90 ($2.73) on Monday. Melrose Industries has a 1-year low of GBX 2.13 ($0.03) and a 1-year high of GBX 261.90 ($3.51).
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About Melrose Industries
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