Meggitt plc 25.3% Potential Upside Indicated by Goldman Sachs

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 Goldman Sachs. Meggitt plc are listed in the Industrials sector within UK Main Market. Goldman Sachs have set their target price at 342 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 25.3% from the opening price of 273 GBX. Over the last 30 and 90 trading days the company share price has increased 4 points and decreased 401.2 points respectively. The 1 year high for the share price is 701.8 GBX while the year low share price is currently 196.15 GBX.

Meggitt plc has a 50 day moving average of 383.98 GBX and a 200 Day Moving Average share price is recorded at 578.37. There are currently 777,568,447 shares in issue with the average daily volume traded being 7,493,879. Market capitalisation for LON:MGGT is £2,229,288,832 GBP.

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