Melrose Industries (MRO)

Sector:

Manufacturing

Index:

FTSE 100

483.10p
   
  • Change Today:
      1.10p
  • 52 Week High: 680.00
  • 52 Week Low: 385.90
  • Currency: UK Pounds
  • Shares Issued: 1,274.30m
  • Volume: 467,890
  • Market Cap: £6,156m
  • RiskGrade: 135

BofA Merrill Lynch upgrades Melrose to 'buy'

By Michele Maatouk

Date: Tuesday 07 Mar 2023

LONDON (ShareCast) - (Sharecast News) - Bank of America Merrill Lynch upgraded Melrose on Tuesday to 'buy' from 'neutral' and lifted the price target to 181p from 160p.
The bank pointed to an improved outlook for the company's aerospace business.

BofA said it now has more confidence in Melrose's mid-term target of 14% Ebit margins.

It also said that widebody production increases at Airbus, improving engine production rates and aftermarket momentum support the company's growth outlook.

At 1405 GMT, the shares were up 3.8% at 162.80p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

MRO Market Data

Currency UK Pounds
Share Price 483.10p
Change Today 1.10p
% Change 0.23 %
52 Week High 680.00
52 Week Low 385.90
Volume 467,890
Shares Issued 1,274.30m
Market Cap £6,156m
RiskGrade 135

MRO Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
68.88% below the market average68.88% below the market average68.88% below the market average68.88% below the market average68.88% below the market average
63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average
Price Trend
14.2% below the market average14.2% below the market average14.2% below the market average14.2% below the market average14.2% below the market average
27.27% below the sector average27.27% below the sector average27.27% below the sector average27.27% below the sector average27.27% below the sector average
Income Not Available
Growth
36.57% above the market average36.57% above the market average36.57% above the market average36.57% above the market average36.57% above the market average
81.82% above the sector average81.82% above the sector average81.82% above the sector average81.82% above the sector average81.82% above the sector average

MRO Dividends

  Latest Previous
  Final Interim
Ex-Div 27-Mar-25 08-Aug-24
Paid 09-May-25 16-Sep-24
Amount 4.00p 2.00p

Trades for 13-May-2025

Time Volume / Share Price
13:07 73 @ 483.49p
13:06 185 @ 483.10p
13:06 9 @ 483.10p
13:06 47 @ 482.90p
13:06 200 @ 482.80p

MRO Key Personnel

CEO Peter Dilnot
Finance Director Matthew Gregory

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