Analyst Ratings For Melrose Industries PLC (LON:MRO)
Today, J P Morgan Chase & Co raised its price target on Melrose Industries PLC (LON:MRO) to GBX 250 per share.
There are 3 hold ratings, 10 buy ratings on the stock.
The current consensus rating on Melrose Industries PLC (LON:MRO) is Buy (Score: 2.77) with a consensus target price of GBX 285.36 per share, a potential .
Some recent analyst ratings include
- 3/2/2017-Liberum Capital Reiterated Rating of Hold.
- 2/8/2017-Panmure Gordon Reiterated Rating of Buy.
- 12/6/2016-Numis Securities Ltd Upgrade from a “Buy” rating to a “” rating.
- 11/17/2016-Deutsche Bank AG Reiterated Rating of Hold.
About Melrose Industries PLC (LON:MRO)
Melrose Industries PLC is a United Kingdom-based company, which is engaged in buying manufacturing businesses. The Company operates through an Energy segment, which includes the Brush business that is a specialist supplier of energy industrial products to the global market. The Company’s Brush Turbogenerators is an independent manufacturer of electricity generating equipment for the power generation, industrial, oil and gas, and offshore sectors, and also supplies switchgear, transformers and other power infrastructure equipment. The Company’s Brush Turbogenerators products include power generation equipment from approximately 10 mega-volt ampere to 300 mega-volt ampere; synchronous motors, induction motors, submersible and traction motors; power management and excitation systems; medium voltage alternating current (AC) and direct current (DC) switchgear, and power and system transformers. The Company also offers aftermarket servicing/support/spares/lifetime extension.
Recent Trading Activity for Melrose Industries PLC (LON:MRO)
Shares of Melrose Industries PLC closed the previous trading session at 236.70 down -4.80 -1.99% with 7,415,701 shares trading hands.