Home » Reports » Broker Ratings » Meggitt plc 15.4% Potential Upside Indicated by Goldman Sachs

Meggitt plc 15.4% 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 ‘BUY’ today by analysts at Goldman Sachs. Meggitt plc are listed in the Industrials sector within UK Main Market. Goldman Sachs have set a target price of 799 GBX on its stock. This would imply the analyst believes there is now a potential upside of 15.4% from today’s opening price of 692.6 GBX. Over the last 30 and 90 trading days the company share price has increased 50.2 points and increased 103.6 points respectively. The 1 year high for the stock price is 701.8 GBX while the 52 week low is 484.3 GBX.

Meggitt plc has a 50 day moving average of 657.86 GBX and a 200 Day Moving Average share price is recorded at 597.48. There are currently 777,536,948 shares in issue with the average daily volume traded being 1,960,201. Market capitalisation for LON:MGGT is £5,411,501,498 GBP.

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