Melrose Industries PLC 25.8% Potential Upside Indicated by UBS

Broker Ratings

Melrose Industries PLC with EPIC/TICKER (LON:MRO) had its stock rating noted as ‘Unchanged’ with the recommendation being set at ‘BUY’ today by analysts at UBS. Melrose Industries PLC are listed in the Industrials sector within UK Main Market. UBS have set their target price at 145 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 25.8% from the opening price of 115.3 GBX. Over the last 30 and 90 trading days the company share price has decreased 0.6 points and increased 20.58 points respectively. The 52 week high for the stock is 255.24 GBX while the year low share price is currently 72 GBX.

Melrose Industries PLC has a 50 day moving average of 117.54 GBX and a 200 Day Moving Average share price is recorded at 178.75. There are currently 4,858,254,963 shares in issue with the average daily volume traded being 16,320,176. Market capitalisation for LON:MRO is £5,623,430,119 GBP.

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