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Meggitt PLC (LON:MGGT) has been retained to Buy in a statement by Beaufort Securities earlier today.

Yesterday Meggitt PLC (LON:MGGT) traded 0.43% higher at 405.40GBX. Meggitt PLC’s 50-day moving average is 459.19GBX and its 200-day average is 415.64GBX. The last stock close is down 12.36% from the 200-day moving average, compared with the S&P 500 Index which has decreased -0.01% over the same time period. 2,656,126 shares of Meggitt PLC traded hands, up from ann avg. trading volume of 2,336,730.

Beaufort Securities has retained Meggitt PLC(LON:MGGT) to Buy in a statement released 8/3/2016.

On Tuesday August 2 2016, UBS released a statement about Meggitt PLC(LON:MGGT) upped the target price from 0.00GBX to 375.00GBX that suggested a downside of -0.10%.

See Chart Below:

Meggitt PLC (LON:MGGT)

In addition to Beaufort Securities reporting it’s target price, a total of 20 equity analysts have reported on MGGT. The one year target stock price is 425.60GBX with one firm rating the company a strong buy, six firms rating the company a buy, 11 analysts rating the stock a hold, three brokerages rating the stock to underperform, and finally one brokerage rating the company as sell.

Meggitt PLC has a 52 week low of 337.60GBX and a 52 week high of 498.40GBX with a P/E ratio of 29. The company’s total market value is currently 0.0 GBX.

More 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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