Meggitt plc using EPIC/TICKER code (LON:MGGT) had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘BUY’ this morning by analysts at HSBC. Meggitt plc are listed in the Industrials sector within UK Main Market. HSBC have set a target price of 645 GBX on its stock. This would imply the analyst believes there is now a potential upside of 16.7% from today’s opening price of 552.6 GBX. Over the last 30 and 90 trading days the company share price has increased 64.6 points and increased 25.6 points respectively. The 1 year high for the stock price is 583.8 GBX while the 52 week low is 410.01 GBX.
Meggitt plc has a 50 day moving average of 498.63 GBX and a 200 Day Moving Average share price is recorded at 524.01. There are currently 776,875,371 shares in issue with the average daily volume traded being 1,807,758. Market capitalisation for LON:MGGT is £4,227,755,863 GBP.
