Recent Research Analysts’ Ratings Updates for Melrose Industries (MRO)

Melrose Industries (LON: MRO) recently received a number of ratings updates from brokerages and research firms:

  • 4/11/2018 – Melrose Industries had its “hold” rating reaffirmed by analysts at Deutsche Bank. They now have a GBX 220 ($3.11) price target on the stock.
  • 4/9/2018 – Melrose Industries had its “buy” rating reaffirmed by analysts at Peel Hunt. They now have a GBX 240 ($3.39) price target on the stock.
  • 4/3/2018 – Melrose Industries had its “buy” rating reaffirmed by analysts at Peel Hunt.
  • 3/27/2018 – Melrose Industries had its “buy” rating reaffirmed by analysts at Peel Hunt. They now have a GBX 240 ($3.39) price target on the stock.
  • 3/23/2018 – Melrose Industries had its “hold” rating reaffirmed by analysts at Deutsche Bank.
  • 3/19/2018 – Melrose Industries had its “buy” rating reaffirmed by analysts at Peel Hunt. They now have a GBX 240 ($3.39) price target on the stock.
  • 3/19/2018 – Melrose Industries had its “buy” rating reaffirmed by analysts at Liberum Capital. They now have a GBX 260 ($3.67) price target on the stock.
  • 2/27/2018 – Melrose Industries had its “buy” rating reaffirmed by analysts at Peel Hunt. They now have a GBX 240 ($3.39) price target on the stock.
  • 2/21/2018 – Melrose Industries had its “buy” rating reaffirmed by analysts at Numis Securities Ltd. They now have a GBX 250 ($3.53) price target on the stock.
  • 2/20/2018 – Melrose Industries had its “buy” rating reaffirmed by analysts at Peel Hunt. They now have a GBX 240 ($3.39) price target on the stock.
  • 2/20/2018 – Melrose Industries had its “buy” rating reaffirmed by analysts at Liberum Capital. They now have a GBX 260 ($3.67) price target on the stock.
  • 2/14/2018 – Melrose Industries had its “buy” rating reaffirmed by analysts at Numis Securities Ltd. They now have a GBX 250 ($3.53) price target on the stock.

LON:MRO traded up GBX 6.70 ($0.09) during trading hours on Friday, reaching GBX 224.60 ($3.17). 17,990,524 shares of the company were exchanged, compared to its average volume of 14,820,000. Melrose Industries PLC has a 1-year low of GBX 2.13 ($0.03) and a 1-year high of GBX 261.90 ($3.70).

The business also recently declared a dividend, which will be paid on Monday, May 21st. Investors of record on Thursday, April 5th will be given a dividend of GBX 2.80 ($0.04) per share. The ex-dividend date of this dividend is Thursday, April 5th. This represents a yield of 1.23%. This is an increase from Melrose Industries’s previous dividend of $1.40.

Melrose Industries PLC is a United Kingdom-based company that is engaged in buying manufacturing businesses. The Company’s businesses include Nortek and Brush Turbogenerators. It operates through four segments: Energy, which includes the Brush business that is engaged in supplying energy industrial products; Air Management, which includes the Air Quality & Home Solutions business that manufactures ventilation products and the Heating, Ventilation & Air Conditioning business that manufactures and sells split-system and packaged air conditioners, heat pumps, furnaces, air handlers and parts; Security and Smart Technology, which includes the Security & Control business along with the Core Brands and GTO Access Systems businesses; Ergonomics, which includes the Ergotron business that manufactures and distributes products designed with ergonomic features including wall mounts, carts, arms, desk mounts, and stands that attach to or support display devices.

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