Meggitt plc 0.9% Potential Decrease Indicated by UBS

Broker Ratings

Meggitt plc using EPIC/TICKER code (LON:MGGT) had its stock rating noted as ‘Unchanged’ with the recommendation being set at ‘SELL’ today by analysts at UBS. Meggitt plc are listed in the Industrials sector within UK Main Market. UBS have set a target price of 241 GBX on its stock. This now indicates the analyst believes there is a potential downside of -.9% from today’s opening price of 243.3 GBX. Over the last 30 and 90 trading days the company share price has decreased 307.1 points and decreased 397.9 points respectively. The 1 year high for the stock 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 534.60 GBX and a 200 day moving average of 602.05. There are currently 777,568,447 shares in issue with the average daily volume traded being 5,987,371. Market capitalisation for LON:MGGT is £1,826,508,234 GBP.

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