Home » Reports » Meggitt plc 10.3% Potential Decrease Indicated by Credit Suisse

Meggitt plc 10.3% Potential Decrease Indicated by Credit Suisse

Meggitt plc using EPIC/TICKER code (LON:MGGT) has had its stock rating noted as ‘Retains’ with the recommendation being set at ‘UNDERPERFORM’ this morning by analysts at Credit Suisse. Meggitt plc are listed in the Industrials sector within UK Main Market. Credit Suisse have set their target price at 240 GBX on its stock. This indicates the analyst believes there is a potential downside of -10.3% from today’s opening price of 267.6 GBX. Over the last 30 and 90 trading days the company share price has increased 16.9 points and decreased 402.4 points respectively. The 52 week high share price is 701.8 GBX while the 52 week low for the share price is 196.15 GBX.

Meggitt plc has a 50 day moving average of 355.98 GBX and a 200 Day Moving Average share price is recorded at 572.22. There are currently 780,705,192 shares in issue with the average daily volume traded being 7,221,621. Market capitalisation for LON:MGGT is £2,064,403,195 GBP.

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