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Melrose Industries PLC 15.4% Potential Upside Indicated by Barclays Capital

Melrose Industries PLC with EPIC/TICKER (LON:MRO) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at Barclays Capital. Melrose Industries PLC are listed in the Industrials sector within UK Main Market. Barclays Capital have set a target price of 270 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 15.4% from the opening price of 233.9 GBX. Over the last 30 and 90 trading days the company share price has decreased 5.3 points and increased 20.3 points respectively. The 1 year high for the stock price is 254.6 GBX while the 52 week low for the share price is 154.2 GBX.

Melrose Industries PLC has a 50 day moving average of 234.82 GBX and the 200 Day Moving Average price is recorded at 201.80. There are currently 4,858,254,963 shares in issue with the average daily volume traded being 10,375,326. Market capitalisation for LON:MRO is £11,409,878,949 GBP.