Home » Reports » Broker Ratings » Meggitt plc 15.1% Potential Decrease Indicated by Credit Suisse

Meggitt plc 15.1% 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 525 GBX on its stock. This is indicating the analyst believes there is a potential downside of -15.1% from today’s opening price of 618.6 GBX. Over the last 30 and 90 trading days the company share price has increased 2.8 points and increased 8.2 points respectively. The 1 year high for the stock price is 646.6 GBX while the 52 week low for the share price is 456.1 GBX.

Meggitt plc has a 50 day moving average of 629.34 GBX and a 200 day moving average of 568.24. There are currently 777,328,712 shares in issue with the average daily volume traded being 2,097,950. Market capitalisation for LON:MGGT is £4,845,867,380 GBP.