Melrose Industries PLC using EPIC/TICKER code (LON:MRO) has had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘EQUAL WEIGHT’ today by analysts at Morgan Stanley. Melrose Industries PLC are listed in the Industrials sector within UK Main Market. Morgan Stanley have set a target price of 145 GBX on its stock. This now indicates the analyst believes there is a possible upside of 20.7% from today’s opening price of 120.1 GBX. Over the last 30 and 90 trading days the company share price has increased 26.42 points and decreased 88 points respectively. The 1 year high stock price is 255.24 GBX while the year low share price is currently 72 GBX.
Melrose Industries PLC has a 50 day moving average of 99.96 GBX and a 200 Day Moving Average share price is recorded at 189.95. There are currently 4,858,254,963 shares in issue with the average daily volume traded being 22,034,970. Market capitalisation for LON:MRO is £6,100,851,003 GBP.
