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Meggitt PLC (LON:MGGT) target price held steady at 375.00GBX, reported today by Liberum Capital

Just yesterday Meggitt PLC (LON:MGGT) traded -0.26% lower at 473.30GBX. Meggitt PLC’s 50-day moving average is 512.04GBX and its 200-day moving average is 494.32GBX. The last stock price is down 3.51% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.02% over the same time period. 120,309 shares of MGGT traded hands, down from an average trading volume of 1,790,400

Meggitt PLC (LON:MGGT) had its target price hold steady to 375.00GBX by Liberum Capital in a report released 11/14/2017. The updated stock price target implies a possible downside of -0.21% based on the company's previous stock price.

Recent Performance Chart

Meggitt PLC (LON:MGGT)

Meggitt PLC has 52 week low of 407.40GBX and a 52 week high of 530.00GBX with a PE ratio of 13.64 and has a market capitalization of 0 GBX.

In addition to Liberum Capital reporting its stock price target, a total of 20 brokerages have issued a research note on the company. The average stock price target is 425.60GBX with 1 brokerage rating the stock a strong buy, 6 brokerages rating the stock a buy, 11 brokerages rating the stock a hold, 3 brokerages rating the stock a underperform, and finally 1 brokerage rating the stock a sell.

Brief Synopsis On 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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