Melrose Industries (MRO) Share Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Melrose Industries in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MRO shares.
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6 equities research analysts have issued 1 year price objectives for Melrose Industries' shares. Their MRO share price forecasts range from GBX 175 to GBX 620. On average, they expect the company's share price to reach GBX 345 in the next year. This suggests that the stock has a possible downside of 29.4%.
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Melrose Industries' stock was trading at GBX 134.50 at the start of the year. Since then, MRO shares have increased by 263.1% and is now trading at GBX 488.40.
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Melrose Industries PLC (LON:MRO) posted its earnings results on Thursday, September, 3rd. The company reported ($0.70) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.70 by $1.40. Melrose Industries had a negative net margin of 4.09% and a negative trailing twelve-month return on equity of 3.03%.

Melrose Industries declared a dividend on Thursday, March 2nd. Stockholders of record on Thursday, March 9th will be paid a dividend of GBX 1.50 per share on Tuesday, April 18th. This represents a dividend yield of 0.97%. The ex-dividend date of this dividend is Thursday, March 9th. This is a boost from the stock's previous dividend of GBX 0.83. The official announcement can be accessed at this link.
Read our dividend analysis for MRO.

Melrose Industries (LON:MRO) pays an annual dividend of GBX 7 per share and currently has a dividend yield of 1.50%.
Read our dividend analysis for MRO.

Based on aggregate information from My MarketBeat watchlists, some companies that other Melrose Industries investors own include KAZ Minerals (KAZ), Petra Diamonds (PDL), Barrick Gold (GOLD), Sophos Group plc (SOPH.L) (SOPH), Porta Communications (PTCM), KAZ Minerals (KZMYY), Sirius Minerals (SXX), Sophos Group (SPHHF), Hochschild Mining (HOC) and Randgold Resources (RRS).

Melrose Industries trades on the London Stock Exchange (LON) under the ticker symbol "MRO."

Shares of MRO stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
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One share of MRO stock can currently be purchased for approximately GBX 488.40.

Melrose Industries (LON:MRO) has a market capitalization of £6.59 billion and generates £7.54 billion in revenue each year. The company earns £-228,000,000.00 in net income (profit) each year or GBX (0.17) on an earnings per share basis.

The company employs 37,336 workers across the globe.

Melrose Industries' mailing address is Leconfield House, Curzon Street, LONDON, W1J 5JA, United Kingdom. The official website for the company is www.melroseplc.net. The company can be reached via phone at +44-20-76474500.