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Several investment firms have updated their stock ratings and price targets on shares of Meggitt plc (LON: MGGT) in the last week:

  • Meggitt plc had its “outperform” rating reaffirmed by analysts at RBC Capital. They now have a GBX 580 ($9.76) price target on the stock.
  • Meggitt plc had its “outperform” rating reaffirmed by analysts at Sanford C. Bernstein. They now have a GBX 645 ($10.85) price target on the stock.
  • Meggitt plc had its “buy” rating reaffirmed by analysts at Canaccord Genuity. They now have a GBX 580 ($9.76) price target on the stock.
  • Meggitt plc had its “hold” rating reaffirmed by analysts at Jefferies Group. They now have a GBX 550 ($9.25) price target on the stock.
  • Meggitt plc had its “add” rating reaffirmed by analysts at Investec.
  • Meggitt plc had its “buy” rating reaffirmed by analysts at Cantor Fitzgerald Europe. They now have a GBX 590 ($9.93) price target on the stock.
  • Meggitt plc had its “neutral” rating reaffirmed by analysts at Westhouse Securities. They now have a GBX 470 ($7.91) price target on the stock.
  • Meggitt plc had its price target lowered by analysts at Deutsche Bank from GBX 475 ($7.99) to GBX 440 ($7.40). They now have a “hold” rating on the stock.
  • Meggitt plc was downgraded by analysts at Investec to a “hold” rating. They now have a GBX 480 ($8.08) price target on the stock, down previously from GBX 530 ($8.92).
  • Meggitt plc was downgraded by analysts at Canaccord Genuity to a “hold” rating. They now have a GBX 510 ($8.58) price target on the stock, down previously from GBX 580 ($9.76).
  • Meggitt plc was downgraded by analysts at Berenberg Bank to a “hold” rating. They now have a GBX 510 ($8.58) price target on the stock, down previously from GBX 600 ($10.10).

Shares of Meggitt plc (LON:MGGT) opened at 475.10 on Friday. Meggitt plc has a 52-week low of GBX 445.00 and a 52-week high of GBX 573.50. The stock has a 50-day moving average of GBX 512.4 and a 200-day moving average of GBX 496.5. The company’s market cap is £3.801 billion.

Meggitt PLC is engaged in designing and manufacturing of components and sub-systems. The Company’s segments include Aircraft Braking Systems, which is a supplier of aircraft wheels, brakes and brake control systems; Control Systems, which is a supplier of pneumatic, fluid control, thermal management and electro-mechanical equipment and sub-systems; Polymers & Composites, which is a specialist in fuel containment, engineered aircraft sealing solutions and technical polymers, electrothermal ice protection and complex composite structures and assemblies; Sensing Systems, which is a provider of sensing and condition-monitoring solutions for rotating machinery and other assets, and Equipment Group division, which supplies aircraft fire protection and control systems, avionics, combat systems, live-fire and simulation training, and heat transfer equipment.

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