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Melrose Industries PLC 15.4% Potential Upside Indicated by Liberum Capital

Melrose Industries PLC with EPIC/TICKER (LON:MRO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Liberum Capital. Melrose Industries PLC are listed in the Industrials sector within UK Main Market. Liberum Capital have set a target price of 260 GBX on its stock. This now indicates the analyst believes there is a possible upside of 15.4% from today’s opening price of 225.4 GBX. Over the last 30 and 90 trading days the company share price has increased 2.8 points and decreased 8.5 points respectively. The 52 week high share price is 261.9 GBX while the 52 week low is 2.13 GBX.

Melrose Industries PLC has a 50 day moving average of 223.04 GBX and a 200 Day Moving Average share price is recorded at 221.79. There are currently 1,941,200,358 shares in issue with the average daily volume traded being 27,611,012. Market capitalisation for LON:MRO is £4,418,172,133 GBP.