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).

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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).

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

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