Home » Reports » Meggitt plc 19.4% Potential Decrease Indicated by UBS

Meggitt plc 19.4% Potential Decrease Indicated by UBS

Meggitt plc with EPIC/TICKER (LON:MGGT) has had its stock rating noted as ‘Unchanged’ with the recommendation being set at ‘SELL’ this morning by analysts at UBS. Meggitt plc are listed in the Industrials sector within UK Main Market. UBS have set a target price of 530 GBX on its stock. This now indicates the analyst believes there is a potential downside of -19.4% from the opening price of 657.4 GBX. Over the last 30 and 90 trading days the company share price has increased 28 points and increased 25.8 points respectively. The 1 year high for the stock price is 667.2 GBX while the year low stock price is currently 456.1 GBX.

Meggitt plc has a 50 day moving average of 632.23 GBX and the 200 Day Moving Average price is recorded at 577.22. There are currently 777,493,943 shares in issue with the average daily volume traded being 1,906,918. Market capitalisation for LON:MGGT is £4,961,966,439 GBP.

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