Melrose Industries’ (MRO) “Hold” Rating Reiterated at Deutsche Bank

Deutsche Bank reiterated their hold rating on shares of Melrose Industries (LON:MRO) in a report issued on Monday. The firm currently has a GBX 220 ($2.96) price objective on the stock.

Other research analysts have also issued research reports about the stock. Liberum Capital restated a buy rating and set a GBX 260 ($3.50) price target on shares of Melrose Industries in a research note on Tuesday, November 21st. Peel Hunt restated a buy rating and set a GBX 240 ($3.23) price target on shares of Melrose Industries in a research note on Tuesday, October 31st. Numis Securities restated a buy rating and set a GBX 290 ($3.90) price target on shares of Melrose Industries in a research note on Friday, September 1st. Beaufort Securities restated a buy rating on shares of Melrose Industries in a research note on Friday, September 1st. Finally, Royal Bank Of Canada cut their price target on shares of Melrose Industries from GBX 240 ($3.23) to GBX 235 ($3.16) and set an outperform rating on the stock in a research note on Friday, November 24th. Two equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. Melrose Industries presently has a consensus rating of Buy and a consensus price target of GBX 255.42 ($3.44).

Melrose Industries (LON:MRO) opened at GBX 202.70 ($2.73) on Monday. Melrose Industries has a 52 week low of GBX 2.13 ($0.03) and a 52 week high of GBX 261.90 ($3.52).

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