Home » Reports » Broker Ratings » Meggitt plc 11% Potential Upside Indicated by Goldman Sachs

Meggitt plc 11% Potential Upside Indicated by Goldman Sachs

Meggitt plc with EPIC/TICKER (LON:MGGT) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ this morning 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 599 GBX on its stock. This indicates the analyst now believes there is a potential upside of 11.0% from today’s opening price of 539.8 GBX. Over the last 30 and 90 trading days the company share price has increased 21 points and increased 39 points respectively. The 52 week high for the share price is currently at 583.8 GBX while the 52 week low for the stock is 410.01 GBX.

Meggitt plc has a 50 day moving average of 531.39 GBX and a 200 day moving average of 529.47. There are currently 776,934,226 shares in issue with the average daily volume traded being 2,027,409. Market capitalisation for LON:MGGT is £4,218,752,847 GBP.