Broker Recommendations
Melrose Industries 'presents compelling investment opportunity', says Citi
By Michele Maatouk
Date: Friday 14 Mar 2025
(Sharecast News) - Citi reiterated its 'buy' rating on Melrose Industries on Friday as it said it "presents a compelling investment opportunity", sending shares in the aerospace manufacturing firm higher.
The bank, which has a 735p price target on the stock, acknowledged investor concerns regarding variable consideration impacting free cash flow.
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