Home » Reports » Broker Ratings » Meggitt plc 12.9% Potential Decrease Indicated by Barclays Capital

Meggitt plc 12.9% Potential Decrease Indicated by Barclays Capital

Meggitt plc using EPIC/TICKER code (LON:MGGT) had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘UNDERWEIGHT’ this morning by analysts at Barclays Capital. Meggitt plc are listed in the Industrials sector within UK Main Market. Barclays Capital have set a target price of 460 GBX on its stock. This would imply the analyst believes there is a potential downside of -12.9% from the opening price of 528 GBX. Over the last 30 and 90 trading days the company share price has increased 5.4 points and decreased 12.8 points respectively. The 1 year high for the stock 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 528.71 GBX and the 200 Day Moving Average price is recorded at 527.98. There are currently 776,938,396 shares in issue with the average daily volume traded being 1,943,196. Market capitalisation for LON:MGGT is £4,150,405,006 GBP.

Follow this article (for updates)
X

Follow this article (for updates)

E-mail : *
* Your personal data will be used to support your experience throughout this website and for other purposes described in our Privacy Policy. I hereby agree and consent to the privacy policy.