Melrose Industries PLC using EPIC/TICKER code (LON:MRO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at JP Morgan Cazenove. Melrose Industries PLC are listed in the Industrials sector within UK Main Market. JP Morgan Cazenove have set their target price at 165 GBX on its stock. This is indicating the analyst believes there is a potential upside of 70.5% from today’s opening price of 96.8 GBX. Over the last 30 and 90 trading days the company share price has increased 18.8 points and decreased 137.6 points respectively. The 52 week high for the stock is 255.24 GBX while the year low stock price is currently 72 GBX.
Melrose Industries PLC has a 50 day moving average of 136.55 GBX and the 200 Day Moving Average price is recorded at 197.57. There are currently 4,858,254,963 shares in issue with the average daily volume traded being 35,819,685. Market capitalisation for LON:MRO is £4,724,205,941 GBP.
