Nigel Rudd Acquires 1,500 Shares of Meggitt plc (MGGT) Stock
Meggitt plc (LON:MGGT) insider Nigel Rudd acquired 1,500 shares of the company’s stock in a transaction dated Monday, November 20th. The shares were bought at an average price of GBX 477 ($6.27) per share, for a total transaction of £7,155 ($9,410.76).
Shares of Meggitt plc (MGGT) opened at GBX 481 ($6.33) on Tuesday. Meggitt plc has a twelve month low of GBX 407.40 ($5.36) and a twelve month high of GBX 530 ($6.97).
ILLEGAL ACTIVITY WARNING: “Nigel Rudd Acquires 1,500 Shares of Meggitt plc (MGGT) Stock” was posted by Watch List News and is the sole property of of Watch List News. If you are accessing this story on another website, it was stolen and republished in violation of United States & international copyright & trademark legislation. The correct version of this story can be accessed at https://www.watchlistnews.com/nigel-rudd-acquires-1500-shares-of-meggitt-plc-mggt-stock/1716721.html.
MGGT has been the topic of a number of analyst reports. Jefferies Group LLC raised shares of Meggitt plc to a “buy” rating and upped their target price for the company from GBX 500 ($6.58) to GBX 600 ($7.89) in a research note on Wednesday, August 23rd. J P Morgan Chase & Co upped their target price on shares of Meggitt plc from GBX 500 ($6.58) to GBX 600 ($7.89) and gave the company a “buy” rating in a research note on Wednesday, August 23rd. Deutsche Bank AG decreased their price objective on shares of Meggitt plc from GBX 460 ($6.05) to GBX 450 ($5.92) and set a “hold” rating on the stock in a research note on Wednesday, August 2nd. Barclays PLC reaffirmed an “overweight” rating and set a GBX 540 ($7.10) price objective on shares of Meggitt plc in a research note on Monday, August 7th. Finally, Liberum Capital reaffirmed a “sell” rating and set a GBX 375 ($4.93) price objective on shares of Meggitt plc in a research note on Tuesday, August 1st. Four equities research analysts have rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company’s stock. Meggitt plc currently has a consensus rating of “Hold” and a consensus target price of GBX 469.75 ($6.18).
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).
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 Analyst Ratings Network's FREE daily email newsletter.