Rosebank Industries PLC (AIM:ROSE), the industrial turnaround vehicle run by former Melrose executives, has attracted 'buy' ratings from both Jefferies and Citi as the two banks resume coverage following the completion of its acquisitions of MW Components and CPM, transforming the company from a single-asset story into a group of three US industrial businesses. Jefferies reinstated coverage with a buy rating and 470p target price, implying 35% upside from the current share price of 347p, while Citi resumed with a buy and a 450p target, both banks anchoring their cases on the margin improvement potential across the newly enlarged portfolio.