How Analysts Feel About Melrose Industries PLC (LON:MRO)?

August 9, 2018 - By Palma Niemeyer

Investors sentiment increased to 0.96 in Q1 2018. Its up 0.08, from 0.88 in 2017Q4. It is positive, as 29 investors sold Melrose Industries PLC shares while 194 reduced holdings. 66 funds opened positions while 147 raised stakes. 647.65 million shares or 2.49% less from 664.17 million shares in 2017Q4 were reported.
Brandywine Invest Management Limited Liability owns 820,090 shares. Jacobs Levy Equity holds 0.01% in Melrose Industries PLC (LON:MRO) or 47,200 shares. Johnson Grp invested 0% of its portfolio in Melrose Industries PLC (LON:MRO). 165,400 are owned by Andra Ap. Pinebridge Investments L P accumulated 0.02% or 44,448 shares. Sir Capital Management L P stated it has 1.22M shares or 3.44% of all its holdings. Great West Life Assurance Can has 0.03% invested in Melrose Industries PLC (LON:MRO). Bb&T Securities Lc holds 13,361 shares. Axa holds 0.03% of its portfolio in Melrose Industries PLC (LON:MRO) for 529,089 shares. Carret Asset Management Lc reported 0.03% of its portfolio in Melrose Industries PLC (LON:MRO). Eagle Ridge Inv Mngmt holds 0.04% or 16,174 shares in its portfolio. Northern Trust has 11.15 million shares for 0.05% of their portfolio. First Republic Investment Mgmt reported 22,415 shares or 0% of all its holdings. Arosa Capital Mngmt Limited Partnership reported 765,961 shares. Ingalls And Snyder Limited Liability Company owns 11,590 shares.

Since May 7, 2018, it had 0 insider buys, and 3 insider sales for $10.21 million activity. Another trade for 53,333 shares valued at $1.13M was sold by WAGNER PATRICK. On Thursday, May 17 TILLMAN LEE M sold $8.66M worth of Melrose Industries PLC (LON:MRO) or 400,000 shares.

Melrose Industries PLC (LON:MRO) Ratings Coverage

Among 6 analysts covering Melrose PLC (LON:MRO), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Melrose PLC had 26 analyst reports since February 14, 2018 according to SRatingsIntel. The stock of Melrose Industries PLC (LON:MRO) has “Buy” rating given on Tuesday, March 27 by Peel Hunt. The stock of Melrose Industries PLC (LON:MRO) has “Buy” rating given on Tuesday, May 1 by Deutsche Bank. Peel Hunt maintained Melrose Industries PLC (LON:MRO) rating on Tuesday, February 20. Peel Hunt has “Buy” rating and GBX 240 target. The rating was maintained by Numis Securities on Monday, May 14 with “Buy”. The stock of Melrose Industries PLC (LON:MRO) earned “Buy” rating by Peel Hunt on Tuesday, April 24. The firm has “Buy” rating by Peel Hunt given on Monday, July 2. The stock has “Buy” rating by Liberum Capital on Monday, March 19. The firm has “Buy” rating by Liberum Capital given on Tuesday, April 24. Liberum Capital maintained the stock with “Buy” rating in Monday, July 2 report. The rating was maintained by Numis Securities on Wednesday, February 21 with “Buy”. Below is a list of Melrose Industries PLC (LON:MRO) latest ratings and price target changes.

02/07/2018 Broker: Liberum Capital Rating: Buy Old Target: GBX 20.00 New Target: GBX 240.00 Reiteration
02/07/2018 Broker: Peel Hunt Rating: Buy Old Target: GBX 240.00 Maintain
28/06/2018 Broker: Goldman Sachs Rating: Buy Old Target: GBX 320.00 Maintain
25/06/2018 Broker: Peel Hunt Rating: Buy Old Target: GBX 240.00 Maintain
18/06/2018 Broker: Goldman Sachs Rating: Buy Old Target: GBX 380.00 New Target: GBX 320.00 Maintain
21/05/2018 Broker: JP Morgan Rating: Overweight Old Target: GBX 250.00 New Target: GBX 260.00 Maintain
14/05/2018 Broker: Numis Securities Rating: Buy Old Target: GBX 250.00 New Target: GBX 280.00 Maintain
10/05/2018 Broker: Peel Hunt Rating: Buy Old Target: GBX 240.00 Maintain
10/05/2018 Broker: Liberum Capital Rating: Buy Old Target: GBX 260.00 Maintain
01/05/2018 Broker: Deutsche Bank Rating: Buy Old Target: GBX 220.00 New Target: GBX 275.00 Upgrade

The stock decreased 0.32% or GBX 0.7 during the last trading session, reaching GBX 218.8. About 2.97M shares traded. Melrose Industries PLC (LON:MRO) has 0.00% since August 9, 2017 and is . It has underperformed by 12.57% the S&P500.

Melrose Industries PLC, together with its subsidiaries, creates and makes electricity generating equipment for the power generation, industrial, gas and oil, and offshore sectors in the United Kingdom, Europe, North America, and internationally. The company has market cap of 10.47 billion GBP. It operates through four divisions: Energy, Air Management, Security & Smart Technology, and Ergonomics. It currently has negative earnings. The firm offers power generation equipment from 10 MVA to 300 MVA; synchronous motors, induction motors, and submersible and traction motors; power management and excitation systems; and medium voltage AC and DC switchgears under the Hawker Siddeley Switchgear brand; power and system transformers under the Brush Transformers brand; and aftermarket servicing/support/spares/lifetime extension services.

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