Deutsche Bank retained Meggitt PLC (LON:MGGT) to Hold in a report released today.
- Updated: September 18, 2016
Showing a price of 0.00GBX, Meggitt PLC (LON:MGGT) traded 0.24% lower on the day. With the last close down 11.86% relative to the 200-day average, compared to the S&P 500 Index which has decreased -0.01% over the same period. Meggitt PLC has been tracking to a 50-day average of 458.14GBX and 200-day moving average of 415.68GBX. 3,695,145 shares of the stock exchanged hands, up from ann average trading volume of 2,287,320
Deutsche Bank has retained Meggitt PLC(LON:MGGT) to Hold in a statement released 8/16/2016. They are also stating a potential upside of 0.00%
Previously on 8/09/2016, Canaccord Genuity released a statement on Meggitt PLC(LON:MGGT) bumped the target price from 368.00GBX to 370.00GBX that indicated a possible downside of -0.20%.
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A total of 20 firms have released a ratings update on Meggitt PLC. One analyst rate the stock a strong buy, six firms rate the stock a buy, 11 firms rate the company a hold, three analysts rate the stock to underperform, and finally one brokeragerate the company as sell with an average target stock price of 425.60GBX
Meggitt PLC has a PE of 29 with a 52 week low of 337.60GBX and a one-year high of 498.40GBX and has a market capitalization of 0.0 GBX.
General Information About Meggitt PLC (LON:MGGT)
Meggitt PLC is an engineering company. The Company’s segments are Meggitt Aircraft Braking Systems, Meggitt Control Systems, Meggitt Polymers & Composites, Meggitt Sensing Systems and the Meggitt Equipment Group. Its Meggitt Aircraft Braking Systems is a supplier of aircraft wheels, brakes and brake control systems. Its Meggitt Control Systems is a supplier of pneumatic, fluid control, thermal management and electro-mechanical equipment and sub-systems. Its Meggitt Polymers & Composites specializes in fuel containment and systems, sealing solutions and advanced composites. Its Meggit Sensing Systems is a provider of sensing, monitoring, power and motion systems, which specializes in products designed to operate in conditions across a range of applications. Its Meggitt Equipment Group offerings include information technology (IT), regional human resource and strategic sourcing. It provides functionality in various applications within civil aerospace, and military and energy markets.
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