Meggitt plc (MGGT) Insider Philip Ernest Green Purchases 27 Shares
Meggitt plc (LON:MGGT) insider Philip Ernest Green bought 27 shares of the stock in a transaction that occurred on Thursday, November 10th. The shares were purchased at an average price of GBX 465 ($5.81) per share, with a total value of £125.55 ($156.86).
Meggitt plc (LON:MGGT) opened at 445.20 on Tuesday. The firm’s market cap is GBX 3.45 billion. The stock has a 50 day moving average price of GBX 446.88 and a 200-day moving average price of GBX 428.13. Meggitt plc has a 12-month low of GBX 342.40 and a 12-month high of GBX 485.10.
A number of brokerages recently commented on MGGT. Liberum Capital restated a “hold” rating and set a GBX 390 ($4.87) target price on shares of Meggitt plc in a report on Tuesday, August 2nd. Canaccord Genuity raised their target price on Meggitt plc from GBX 368 ($4.60) to GBX 370 ($4.62) and gave the company a “sell” rating in a report on Tuesday, August 9th. Panmure Gordon restated a “sell” rating and set a GBX 325 ($4.06) target price on shares of Meggitt plc in a report on Friday, October 7th. Credit Suisse Group AG restated an “underperform” rating on shares of Meggitt plc in a report on Monday, October 3rd. Finally, JPMorgan Chase & Co. raised their target price on Meggitt plc from GBX 445 ($5.56) to GBX 470 ($5.87) and gave the company a “neutral” rating in a report on Monday, October 10th. Three equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of GBX 434.95 ($5.43).
Meggitt plc Company Profile
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.
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