Melrose Industries PLC using EPIC/TICKER code (LON:MRO) has had its stock rating noted as ‘Retains’ with the recommendation being set at ‘BUY’ this morning by analysts at Citigroup. Melrose Industries PLC are listed in the Industrials sector within UK Main Market. Citigroup have set a target price of 130 GBX on its stock. This is indicating the analyst believes there is a potential upside of 44.4% from the opening price of 90 GBX. Over the last 30 and 90 trading days the company share price has decreased 6.2 points and decreased 150.8 points respectively. The 52 week high share price is 255.24 GBX while the year low stock price is currently 72 GBX.
Melrose Industries PLC has a 50 day moving average of 115.72 GBX and a 200 day moving average of 194.40. There are currently 4,858,254,963 shares in issue with the average daily volume traded being 30,331,057. Market capitalisation for LON:MRO is £4,243,199,706 GBP.
