Melrose Industries PLC 25.9% Potential Upside Indicated by UBS

Broker Ratings

Melrose Industries PLC using EPIC/TICKER code (LON:MRO) has 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 a target price of 131 GBX on its stock. This indicates the analyst now believes there is a potential upside of 25.9% from the opening price of 104.05 GBX. Over the last 30 and 90 trading days the company share price has decreased 16.85 points and increased 14.05 points respectively. The 52 week high for the share price is currently at 255.24 GBX while the year low share price is currently 72 GBX.

Melrose Industries PLC has a 50 day moving average of 120.25 GBX and the 200 Day Moving Average price is recorded at 175.83. There are currently 4,858,254,963 shares in issue with the average daily volume traded being 15,597,428. Market capitalisation for LON:MRO is £5,404,808,646 GBP.

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