Citi Reaffirms Their Buy Rating on Melrose (MRO)
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In addition to Citi, Melrose also received a Buy from J.P. Morgan's Andrew Wilson CFA in a report issued on July 2. However, on June 26, Kepler Capital downgraded Melrose (LSE: MRO) to a Hold.
MRO market cap is currently £6.79B and has a P/E ratio of -141.64.
Based on the recent corporate insider activity of 10 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of MRO in relation to earlier this year.
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