Home » Reports » Broker Ratings » Meggitt plc 21.6% Potential Upside Indicated by Goldman Sachs

Meggitt plc 21.6% Potential Upside Indicated by Goldman Sachs

Meggitt plc with EPIC/TICKER (LON:MGGT) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Goldman Sachs. Meggitt plc are listed in the Industrials sector within UK Main Market. Goldman Sachs have set their target price at 682 GBX on its stock. This is indicating the analyst believes there is a potential upside of 21.6% from the opening price of 561 GBX. Over the last 30 and 90 trading days the company share price has decreased 114.2 points and decreased 79.4 points respectively. The 1 year high for the stock price is 701.8 GBX while the 52 week low for the stock is 484.3 GBX.

Meggitt plc has a 50 day moving average of 668.17 GBX and a 200 Day Moving Average share price is recorded at 615.89. There are currently 777,560,846 shares in issue with the average daily volume traded being 2,555,288. Market capitalisation for LON:MGGT is £4,299,911,478 GBP.

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