Melrose Industries (LON:MRO)‘s stock had its “hold” rating restated by research analysts at Deutsche Bank in a note issued to investors on Friday.

Other research analysts have also recently issued reports about the company. Peel Hunt reaffirmed a “buy” rating and issued a GBX 240 ($3.32) price target on shares of Melrose Industries in a report on Wednesday, January 17th. Numis Securities reaffirmed a “buy” rating and issued a GBX 250 ($3.45) price target on shares of Melrose Industries in a report on Wednesday, February 14th. Liberum Capital reaffirmed a “buy” rating and issued a GBX 260 ($3.59) price target on shares of Melrose Industries in a report on Friday, January 12th. Royal Bank of Canada cut their price target on Melrose Industries from GBX 240 ($3.32) to GBX 235 ($3.25) and set an “outperform” rating for the company in a report on Friday, November 24th. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 250 ($3.45) price target on shares of Melrose Industries in a report on Friday, January 5th. Two research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of GBX 258.50 ($3.57).

Melrose Industries (LON MRO) opened at GBX 219.60 ($3.03) on Friday. Melrose Industries has a twelve month low of GBX 2.13 ($0.03) and a twelve month high of GBX 261.90 ($3.62).

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Melrose Industries Company Profile

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.

Analyst Recommendations for Melrose Industries (LON:MRO)

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