RBC Capital maintains Melrose Industries at Outperform, PT $4.40

A RBC Capital analyst maintained Melrose Industries (LON: MRON) at Outperform and a price target of $4.40 from a prior price target of GBP5.70.
Prior to this rating, Melrose Industries had 9 buy ratings, 0 hold ratings, and 1 sell ratings.
For consensus analyst estimates and price targets on Melrose Industries, click here. For more news on Melrose Industries, click here.
Melrose Industries's stock price closed at $406.60. They are up 19.42% in the last month and up 72.15% in the last 12 months.
According to Investing Pro, Melrose Industries's fair value is $5.84, a downside of -43.63%. Melrose Industries's fair value comes with a high degree of uncertainty, according to InvestingPro.
Check out Melrose Industries's recent earnings performance and financials here.

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