Meggitt plc 6.3% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings

Meggitt plc using EPIC/TICKER code (LON:MGGT) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ today by analysts at JP Morgan Cazenove. Meggitt plc are listed in the Industrials sector within UK Main Market. JP Morgan Cazenove have set their target price at 305 GBX on its stock. This is indicating the analyst believes there is a potential upside of 6.3% from today’s opening price of 287 GBX. Over the last 30 and 90 trading days the company share price has decreased 13.8 points and increased 23.2 points respectively. The 1 year high for the stock price is 701.8 GBX while the 52 week low for the stock is 196.15 GBX.

Meggitt plc has a 50 day moving average of 313.40 GBX and the 200 Day Moving Average price is recorded at 478.21. There are currently 780,705,192 shares in issue with the average daily volume traded being 5,016,878. Market capitalisation for LON:MGGT is £2,203,930,661 GBP.

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