Home » Reports » Meggitt plc 8.9% Potential Upside Indicated by JP Morgan Cazenove

Meggitt plc 8.9% Potential Upside Indicated by JP Morgan Cazenove

Meggitt plc with EPIC/TICKER (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 275 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 8.9% from the opening price of 252.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 10.1 points and decreased 420.7 points respectively. The 1 year high for the share 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 342.86 GBX and a 200 day moving average of 568.72. There are currently 780,705,192 shares in issue with the average daily volume traded being 7,053,400. Market capitalisation for LON:MGGT is £1,945,517,314 GBP.

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