Meggitt plc 1% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings
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Meggitt plc using EPIC/TICKER code (LON:MGGT) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ today by analysts at JP Morgan Cazenove. Meggitt plc are listed in the Industrials sector within UK Main Market. JP Morgan Cazenove have set a target price of 305 GBX on its stock. This now indicates the analyst believes there is a possible upside of 1.0% from the opening price of 302.1 GBX. Over the last 30 and 90 trading days the company share price has decreased 333.3 points and decreased 342.9 points respectively. The 1 year high for the share price is 701.8 GBX while the year low share price is currently 236.2 GBX.

Meggitt plc has a 50 day moving average of 622.09 GBX and a 200 day moving average of 614.78. There are currently 777,567,421 shares in issue with the average daily volume traded being 4,231,594. Market capitalisation for LON:MGGT is £1,917,481,307 GBP.

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