Meggitt plc using EPIC/TICKER code (LON:MGGT) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at JP Morgan Cazenove. Meggitt plc are listed in the Industrials sector within UK Main Market. JP Morgan Cazenove have set their target price at 265 GBX on its stock. This indicates the analyst believes there is a potential downside of -12.0% from today’s opening price of 301.3 GBX. Over the last 30 and 90 trading days the company share price has increased 15.2 points and increased 24.8 points respectively. The 1 year high share price is 701.8 GBX while the 52 week low for the stock is 196.15 GBX.
Meggitt plc has a 50 day moving average of 294.15 GBX and a 200 day moving average of 510.62. There are currently 780,705,192 shares in issue with the average daily volume traded being 8,747,850. Market capitalisation for LON:MGGT is £2,285,904,706 GBP.