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).

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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).

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

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