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MLSPD / Melrose Industries' share price "up with events," says RBC

Melrose Industries' share price
Melrose Industries PLC (LSE:MRO, OTC:MLSPF) is the biggest faller in the FTSE 100, down 5.1% at 484.40p after RBC Capital Markets moved the stock to sector perform from outperform, explaining that even with fresh upgrades to its full-year outlook, the company's valuation looks in line with peers. "The fundamentals remain very supportive - the business is growing well, we expect further earnings upgrades and a share buyback is set to start in October," RBC said. Read More
Posted: Sep 11 2023, 08:06
Author Name: Proactive Investors
Views: 042031

MLSPD News  

Melrose Industries' share price

By Proactive Investors
September 11, 2023

Melrose Industries' share price "up with events," says RBC

Melrose Industries PLC (LSE:MRO, OTC:MLSPF) is the biggest faller in the FTSE 100, down 5.1% at 484.40p after RBC Capital Markets moved the stock to more_horizontal

Melrose Industries set to unveil first results as a pure aerospace company

By Proactive Investors
September 1, 2023

Melrose Industries set to unveil first results as a pure aerospace company

Melrose Industries PLC (LSE:MRO, OTC:MLSPF) interim results due on 7 September will be its first as a pure aerospace company, after spinning out Dow more_horizontal


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