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Melrose Industries PLC 16.3% Potential Upside Indicated by Liberum Capital

Melrose Industries PLC using EPIC/TICKER code (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 would indicate that the analyst believes there is a potential upside of 16.3% from the opening price of 223.5 GBX. Over the last 30 and 90 trading days the company share price has increased 2.5 points and decreased 14.2 points respectively. The 52 week high for the stock is 261.9 GBX while the year low share price is currently 2.13 GBX.

Melrose Industries PLC has a 50 day moving average of 224.86 GBX and a 200 Day Moving Average share price is recorded at 221.66. There are currently 1,981,840,089 shares in issue with the average daily volume traded being 41,301,653. Market capitalisation for LON:MRO is £4,385,812,177 GBP.