Home » Reports » Broker Ratings » Meggitt plc 11.2% Potential Upside Indicated by Goldman Sachs

Meggitt plc 11.2% Potential Upside Indicated by Goldman Sachs

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 585 GBX on its stock. This now indicates the analyst believes there is a possible upside of 11.2% from today’s opening price of 526.2 GBX. Over the last 30 and 90 trading days the company share price has decreased 15.2 points and increased 68.6 points respectively. The 1 year high for the share price is 583.8 GBX while the 52 week low for the share price is 410.01 GBX.

Meggitt plc has a 50 day moving average of 523.86 GBX and a 200 Day Moving Average share price is recorded at 529.43. There are currently 776,905,751 shares in issue with the average daily volume traded being 2,054,342. Market capitalisation for LON:MGGT is £3,993,295,560 GBP.

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