Meggitt plc (LON:MGGT) insider Philip Ernest Green purchased 26 shares of the stock in a transaction on Friday, November 10th. The stock was acquired at an average price of GBX 493 ($6.48) per share, with a total value of £128.18 ($168.59).
Meggitt plc (LON:MGGT) opened at GBX 481.70 ($6.34) on Wednesday. Meggitt plc has a 52 week low of GBX 407.40 ($5.36) and a 52 week high of GBX 530 ($6.97).
COPYRIGHT VIOLATION NOTICE: “Philip Ernest Green Buys 26 Shares of Meggitt plc (MGGT) Stock” was first posted by Week Herald and is the sole property of of Week Herald. If you are accessing this story on another publication, it was stolen and reposted in violation of United States and international copyright legislation. The correct version of this story can be accessed at https://weekherald.com/2017/11/15/philip-ernest-green-buys-26-shares-of-meggitt-plc-mggt-stock.html.
Several research analysts recently commented on MGGT shares. Jefferies Group LLC raised Meggitt plc to a “buy” rating and increased their price target for the company from GBX 500 ($6.58) to GBX 600 ($7.89) in a research report on Wednesday, August 23rd. J P Morgan Chase & Co increased their price target on Meggitt plc from GBX 500 ($6.58) to GBX 600 ($7.89) and gave the company a “buy” rating in a research report on Wednesday, August 23rd. Deutsche Bank AG reduced their price target on Meggitt plc from GBX 460 ($6.05) to GBX 450 ($5.92) and set a “hold” rating for the company in a research report on Wednesday, August 2nd. Barclays PLC reaffirmed an “overweight” rating on shares of Meggitt plc in a research report on Tuesday, July 18th. Finally, Liberum Capital reaffirmed a “sell” rating and issued a GBX 375 ($4.93) price objective on shares of Meggitt plc in a research report on Monday, August 7th. Four equities research analysts have rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the company’s stock. Meggitt plc currently has an average rating of “Hold” and an average price target of GBX 470.58 ($6.19).
About Meggitt plc
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).
Receive News & Ratings for Meggitt plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Meggitt plc and related companies with MarketBeat.com's FREE daily email newsletter.