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JP Morgan Cazenove disclosed Meggitt PLC (LON:MGGT), bumping down its price target to 560.00GBX earlier today

Reporting a potential upside of 0.11%, JP Morgan Cazenove bumped down the target of Meggitt PLC (LON:MGGT) to 560.00GBX

On 11/14/2017, Liberum Capital released a statement for Meggitt PLC (LON:MGGT) maintained the target price at 375.00GBX that suggested a downside of -0.21%.

Boasting a price of 505.55GBX, Meggitt PLC (LON:MGGT) traded -0.26% lower on the day. With the last stock price close up 3.51% from the two hundred day average, compared with the S&P 500 Index which has increased 0.02% over the date range. Meggitt PLC has recorded a 50-day average of 512.04GBX and a two hundred day average of 494.32GBX. Volume of trade was down over the average, with 120,309 shares of MGGT changing hands under the typical 1,790,400

Performance Chart

Meggitt PLC (LON:MGGT)

With a total market value of 0 GBX, Meggitt PLC has price-earnings ratio of 13.64 with a one year low of 407.40GBX and a one year high of 530.00GBX .

A total of 20 equity analysts have released a ratings update on MGGT. One equity analyst rating the company a strong buy, six equity analysts rating the company a buy, eleven equity analysts rating the company a hold, three equity analysts rating the company a underperform, and finally one equity analyst rating the company a sell with a one year target of 425.60GBX.

Brief Synopsis About 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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