Meggitt plc (LON:MGGT) insider Doug Webb purchased 24 shares of the business’s stock in a transaction dated Monday, September 11th. The shares were purchased at an average price of GBX 509 ($6.57) per share, with a total value of £122.16 ($157.77).

Shares of Meggitt plc (LON:MGGT) opened at 505.50 on Thursday. Meggitt plc has a 12-month low of GBX 407.40 and a 12-month high of GBX 520.00. The firm’s market cap is GBX 3.91 billion. The company has a 50-day moving average of GBX 503.55 and a 200 day moving average of GBX 481.74.

The business also recently declared a dividend, which will be paid on Friday, September 29th. Investors of record on Thursday, September 7th will be given a dividend of GBX 5.05 ($0.07) per share. This represents a yield of 1.01%. The ex-dividend date of this dividend is Thursday, September 7th.

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Several research firms recently weighed in on MGGT. Deutsche Bank AG dropped their target price on shares of Meggitt plc from GBX 470 ($6.07) to GBX 456 ($5.89) and set a “hold” rating for the company in a report on Thursday, May 18th. J P Morgan Chase & Co lifted their target price on shares of Meggitt plc from GBX 500 ($6.46) to GBX 505 ($6.52) and gave the company a “neutral” rating in a report on Friday, May 19th. Goldman Sachs Group, Inc. (The) reiterated a “neutral” rating and issued a GBX 457 ($5.90) target price on shares of Meggitt plc in a report on Thursday, June 22nd. Liberum Capital reiterated a “sell” rating and issued a GBX 375 ($4.84) target price on shares of Meggitt plc in a report on Tuesday, July 4th. Finally, Barclays PLC reiterated an “overweight” rating on shares of Meggitt plc in a report on Tuesday, July 18th. Four research analysts have rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the company. Meggitt plc currently has a consensus rating of “Hold” and an average price target of GBX 469.77 ($6.07).

Meggitt plc Company Profile

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).

Insider Buying and Selling by Quarter for Meggitt plc (LON:MGGT)

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