Home » Reports » Meggitt plc 4.6% Potential Upside Indicated by JP Morgan Cazenove

Meggitt plc 4.6% Potential Upside Indicated by JP Morgan Cazenove

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 a target price of 730 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 4.6% from today’s opening price of 697.6 GBX. Over the last 30 and 90 trading days the company share price has increased 37.8 points and increased 101.6 points respectively. The 1 year high share price is 701.8 GBX while the 52 week low is 484.3 GBX.

Meggitt plc has a 50 day moving average of 656.61 GBX and a 200 Day Moving Average share price is recorded at 596.52. There are currently 777,536,948 shares in issue with the average daily volume traded being 1,933,029. Market capitalisation for LON:MGGT is £5,385,220,712 GBP.

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