Meggitt plc 19.8% Potential Upside Indicated by Jefferies International

Broker Ratings
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Meggitt plc with EPIC/TICKER (LON:MGGT) has had its stock rating noted as ‘Retains’ with the recommendation being set at ‘BUY’ this morning by analysts at Jefferies International. Meggitt plc are listed in the Industrials sector within UK Main Market. Jefferies International have set their target price at 375 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 19.8% from today’s opening price of 312.9 GBX. Over the last 30 and 90 trading days the company share price has increased 45.9 points and decreased 237.9 points respectively. The 1 year high for the share price is 701.8 GBX while the year low stock price is currently 196.15 GBX.

Meggitt plc has a 50 day moving average of 279.40 GBX and a 200 Day Moving Average share price is recorded at 538.97. There are currently 780,705,192 shares in issue with the average daily volume traded being 8,080,657. Market capitalisation for LON:MGGT is £2,511,528,697 GBP.

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