Melrose Industries PLC with EPIC/TICKER (LON:MRO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘CONVICTION BUY’ this morning by analysts at Goldman Sachs. Melrose Industries PLC are listed in the Industrials sector within UK Main Market. Goldman Sachs have set their target price at 230 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 38.3% from today’s opening price of 166.35 GBX. Over the last 30 and 90 trading days the company share price has increased 20.05 points and decreased 16.55 points respectively. The 1 year high share price is 248.8 GBX while the 52 week low for the stock is 145.94 GBX.
Melrose Industries PLC has a 50 day moving average of 171.77 GBX and a 200 Day Moving Average share price is recorded at 207.79. There are currently 4,858,254,963 shares in issue with the average daily volume traded being 20,933,012. Market capitalisation for LON:MRO is £8,378,060,535 GBP.
