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Melrose Industries (MRO) Stock Forecast & Price Target

Melrose Industries logo
GBX 498.30 -2.90 (-0.58%)
(As of 10:56 AM ET)

Melrose Industries - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
2
Buy
2

Based on 4 Wall Street analysts who have issued ratings for Melrose Industries in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 4 analysts, 2 have given a hold rating, and 2 have given a buy rating for MRO.

Consensus Price Target

GBX 587.50
According to the 4 analysts' twelve-month price targets for Melrose Industries, the average price target is GBX 587.50. The highest price target for MRO is GBX 650, while the lowest price target for MRO is GBX 500. The average price target represents a forecasted upside of 17.90% from the current price of GBX 498.30.
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MRO Analyst Ratings Over Time

TypeCurrent Forecast
11/22/23 to 11/21/24
1 Month Ago
10/23/23 to 10/22/24
3 Months Ago
8/24/23 to 8/23/24
1 Year Ago
11/22/22 to 11/22/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
3 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
0 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetGBX 587.50GBX 587.50GBX 645GBX 477.50
Consensus Rating
Moderate Buy
Moderate Buy
Buy
Moderate Buy

MRO Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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MRO Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Melrose Industries Stock vs. The Competition

TypeMelrose IndustriesIndustrials Companies
Consensus Rating Score
2.50
2.71
Consensus RatingModerate BuyModerate Buy
News Sentiment Rating
Neutral News

See Recent MRO News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
9/13/2024Deutsche Bank Aktiengesellschaft
3 of 5 stars
 Lower TargetHoldGBX 675 ➝ GBX 560+19.86%
9/6/2024Morgan Stanley
3 of 5 stars
 Initiated CoverageEqual WeightGBX 500+6.11%
7/8/2024Royal Bank of Canada
4 of 5 stars
 UpgradeOutperformGBX 650+11.42%
3/8/2024Numis Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingAddGBX 640+7.00%
5/25/2023JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOverweightGBX 500 ➝ GBX 620+29.41%
5/24/2023Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingBuyGBX 560+17.28%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 11:19 AM ET.


MRO Forecast - Frequently Asked Questions

According to the research reports of 4 Wall Street equities research analysts, the average twelve-month stock price forecast for Melrose Industries is GBX 587.50, with a high forecast of GBX 650 and a low forecast of GBX 500.

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Melrose Industries in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MRO shares.

According to analysts, Melrose Industries's stock has a predicted upside of 17.90% based on their 12-month stock forecasts.

Melrose Industries has been rated by research analysts at Deutsche Bank Aktiengesellschaft, and Morgan Stanley in the past 90 days.

Analysts like Melrose Industries less than other "industrials" companies. The consensus rating score for Melrose Industries is 2.50 while the average consensus rating score for "industrials" companies is 2.71. Learn more on how MRO compares to other companies.


This page (LON:MRO) was last updated on 11/21/2024 by MarketBeat.com Staff
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