Home » Reports » Meggitt plc 9% Potential Upside Indicated by Goldman Sachs

Meggitt plc 9% Potential Upside Indicated by Goldman Sachs

Meggitt plc using EPIC/TICKER code (LON:MGGT) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ today by analysts at Goldman Sachs. Meggitt plc are listed in the Industrials sector within UK Main Market. Goldman Sachs have set a target price of 314 GBX on its stock. This would imply the analyst believes there is now a potential upside of 9.0% from the opening price of 288 GBX. Over the last 30 and 90 trading days the company share price has increased 56.1 points and decreased 85.1 points respectively. The 52 week high for the share price is currently at 701.8 GBX while the year low stock price is currently 196.15 GBX.

Meggitt plc has a 50 day moving average of 284.63 GBX and the 200 Day Moving Average price is recorded at 528.91. There are currently 780,705,192 shares in issue with the average daily volume traded being 8,201,529. Market capitalisation for LON:MGGT is £2,333,527,771 GBP.

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