Analyst Price Target is GBX 477.50
▼ -7.89% Downside Potential
This price target is based on 4 analysts offering 12 month price targets for Melrose Industries in the last 3 months. The average price target is GBX 477.50, with a high forecast of GBX 620 and a low forecast of GBX 190. The average price target represents a -7.89% upside from the last price of GBX 518.40.
Current Consensus is
The current consensus among 4 polled investment analysts is to moderate buy stock in Melrose Industries. This Moderate Buy consensus rating has held steady for over two years.
Melrose Industries PLC, together with its subsidiaries, engages in the aerospace, automotive, powder metallurgy, and other industrial businesses in the United Kingdom, rest of Europe, North America, and internationally. Its Aerospace segment provides airframe and engine structures, and electrical interconnection systems for the aerospace industry in civil airframe and defense platforms. The company's Automotive segment designs, develops, manufactures, and integrates driveline technologies, including electric vehicle components. Its Powder Metallurgy segment offers precision powder metal parts for the automotive and industrial sectors; and metal powder for powder metallurgy, as well as commercializes additive manufacturing. The company's Other Industrial segment designs, manufactures, and distributes ergonomic products for use in a various working, learning, and healthcare environments; and offers metal hydride hydrogen storage solutions for use in a range of industrial and commercial applications. The company was formerly known as New Melrose Industries PLC and changed its name to Melrose Industries PLC in November 2015. Melrose Industries PLC was founded in 2003 and is headquartered in London, the United Kingdom.