Melrose Industries PLC 17.6% Potential Upside Indicated by Exane BNP Paribas

Broker Ratings

Melrose Industries PLC with EPIC/TICKER (LON:MRO) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ today by analysts at Exane BNP Paribas. Melrose Industries PLC are listed in the Industrials sector within UK Main Market. Exane BNP Paribas have set their target price at 270 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 17.6% from the opening price of 229.6 GBX. Over the last 30 and 90 trading days the company share price has increased 11.6 points and increased 51.5 points respectively. The 1 year high share price is 239.2 GBX while the year low stock price is currently 145.94 GBX.

Melrose Industries PLC has a 50 day moving average of 213.29 GBX and a 200 Day Moving Average share price is recorded at 192.23. There are currently 4,858,254,963 shares in issue with the average daily volume traded being 11,023,047. Market capitalisation for LON:MRO is £11,198,277,689 GBP.

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