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Deutsche Bank announced Meggitt PLC (LON:MGGT), upholding its stock price target at 456.00GBX today

Just yesterday Meggitt PLC (LON:MGGT) traded -0.48% lower at 489.00GBX. Meggitt PLC’s 50-day moving average is 493.57GBX and its 200-day moving average is 468.13GBX. The last stock price is up 5.57% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.05% over the same time period. 1,251,496 shares of MGGT traded hands, down from an average trading volume of 2,445,840

In a report released on Friday July 07, 2017 Deutsche Bank hold steady the stock price target of Meggitt PLC (LON:MGGT) from 456.00GBX to 456.00GBX reporting a possible downside of -0.07%.

Previously on 7/05/2017, JP Morgan Cazenove released a statement about Meggitt PLC (LON:MGGT) increased the target price from 505.00GBX to 575.00GBX. At the time, this indicated a possible upside of 0.19%.

Recent Performance Chart

Meggitt PLC (LON:MGGT)

Meggitt PLC has 52 week low of 407.40GBX and a 52 week high of 517.50GBX with a PE ratio of 13.18 and has a market capitalization of 0 GBX.

A total of 20 analysts have released a report on Meggitt PLC. One analyst rating the company a strong buy, six analysts rating the company a buy, eleven analysts rating the company a hold, three analysts rating the company a underperform, and finally one analyst rating the company a sell with a 12-month price target of 425.60GBX.

General Company Details For Meggitt PLC (LON:MGGT)

Meggitt PLC is an engineering company. The Company designs and manufactures high performance components and sub-systems for aerospace, defense and other specialist markets, including energy, medical, industrial, test and automotive. The Company's segments are Meggitt Aircraft Braking Systems (MABS), Meggitt Control Systems (MCS), Meggitt Polymers & Composites (MPC), Meggitt Sensing Systems (MSS) and the Meggitt Equipment Group (MEG). Its MABS supplies aircraft wheels, brakes and brake control systems. Its MCS supplies pneumatic, fluid control, thermal management and electro-mechanical equipment and sub-systems. Its MPC specializes in fuel containment and systems, sealing solutions and advanced composites. Its MSS provides sensing, monitoring, power and motion systems, which specializes in products designed to operate in demanding conditions across a range of applications. Its MEG enables a set of technologically distinct businesses to market their offerings to specialist customers.

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