Melrose Industries PLC (LON:MRO) insider David Lis purchased 3,500 shares of the business’s stock in a transaction dated Monday, March 18th. The stock was bought at an average cost of GBX 185 ($2.42) per share, with a total value of £6,475 ($8,460.73).
David Lis also recently made the following trade(s):
- On Friday, March 15th, David Lis sold 3,500 shares of Melrose Industries stock. The stock was sold at an average price of GBX 185 ($2.42), for a total value of £6,475 ($8,460.73).
Melrose Industries stock opened at GBX 186.40 ($2.44) on Thursday. The firm has a market capitalization of $9.06 billion and a P/E ratio of -15.53. Melrose Industries PLC has a 52 week low of GBX 145.95 ($1.91) and a 52 week high of GBX 248.80 ($3.25). The company has a quick ratio of 0.76, a current ratio of 1.17 and a debt-to-equity ratio of 46.15.
A number of equities analysts have recently weighed in on the company. Barclays reissued an “overweight” rating on shares of Melrose Industries in a report on Wednesday. Peel Hunt reissued a “buy” rating on shares of Melrose Industries in a report on Thursday, March 7th. Deutsche Bank reissued a “buy” rating on shares of Melrose Industries in a report on Friday, March 15th. UBS Group reissued a “buy” rating on shares of Melrose Industries in a report on Friday, March 8th. Finally, Goldman Sachs Group reissued a “buy” rating and issued a GBX 230 ($3.01) price target on shares of Melrose Industries in a report on Wednesday, March 13th. Nine research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Melrose Industries presently has an average rating of “Buy” and an average price target of GBX 250.50 ($3.27).
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Melrose Industries Company Profile
Melrose Industries PLC engages in the aerospace, automotive, powder metallurgy, air and security, and other industrial businesses. Its Aerospace segment supplies airframe and engine structures, landing gears, specialist technologies, and aftermarket services for commercial and military aircraft. The company's Automotive segment designs, develops, manufactures, and integrates driveline technologies for car manufacturers; and operates as an all-wheel drive systems integrator and electric powertrain systems engineer.
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