OTCMKTS:MEGGF - Meggitt Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $7.47
  • Forecasted Upside: -23.89 %
  • Number of Analysts: 13
  • Breakdown:
  • 2 Sell Ratings
  • 9 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$9.81
+0.30 (1.20%)

This chart shows the closing price for MEGGF by one month, three months, or twelve months.

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Analyst Price Target for MEGGF

Analyst Price Target is $7.47
▼ -23.89% Downside Potential
This price target is based on 13 analysts offering 12 month price targets for Meggitt in the last 3 months. The average price target is $7.47, with a high forecast of $8.00 and a low forecast of $6.40. The average price target represents a -23.89% upside from the last price of $9.81.

This chart shows the closing price for MEGGF for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 13 investment analysts is to hold stock in Meggitt. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 0 sell ratings
6/5/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 0 sell ratings
9/3/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 0 sell ratings
12/2/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 6 hold ratings
  • 1 sell ratings
3/2/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 8 hold ratings
  • 2 sell ratings
5/31/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 9 hold ratings
  • 2 sell ratings
8/29/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 9 hold ratings
  • 2 sell ratings
10/28/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 9 hold ratings
  • 2 sell ratings
11/27/2021

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 9 hold ratings
  • 2 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/23/2021JPMorgan Chase & Co.Initiated CoverageNeutral$8.00
8/13/2021Societe GeneraleReiterated RatingHold
8/10/2021HSBCDowngradeBuy ➝ Hold
8/6/2021Sanford C. BernsteinDowngradeOutperform ➝ Market Perform$8.00
8/4/2021BarclaysReiterated RatingOverweight
8/4/2021BNP ParibasDowngradeOutperform ➝ Neutral
8/4/2021Exane BNP ParibasDowngradeOutperform ➝ Neutral
8/3/2021JPMorgan Chase & Co.Reiterated RatingNeutral
8/3/2021Societe GeneraleReiterated RatingHold
8/3/2021Berenberg BankDowngradeBuy ➝ Hold
7/19/2021Morgan StanleyReiterated RatingEqual Weight
7/15/2021UBS GroupReiterated RatingNeutral
7/12/2021BarclaysSet Price TargetOverweight$6.40
7/8/2021JPMorgan Chase & Co.Reiterated RatingNeutral
6/15/2021Berenberg BankReiterated RatingBuy
5/27/2021UBS GroupUpgradeSell ➝ Neutral
5/4/2021UBS GroupReiterated RatingSell
4/30/2021JPMorgan Chase & Co.Reiterated RatingNeutral
4/29/2021Societe GeneraleUpgradeSell ➝ Hold
4/12/2021JPMorgan Chase & Co.Reiterated RatingNeutral
4/9/2021BarclaysReiterated RatingOverweight
3/9/2021Credit Suisse GroupReiterated RatingUnderperform
3/8/2021Berenberg BankReiterated RatingBuy
3/5/2021BNP ParibasUpgradeNeutral ➝ Outperform
3/5/2021JPMorgan Chase & Co.Reiterated RatingNeutral
3/5/2021Exane BNP ParibasUpgradeNeutral ➝ Outperform
2/11/2021Morgan StanleyReiterated RatingEqual Weight
2/4/2021Jefferies Financial GroupReiterated RatingBuy
1/8/2021JPMorgan Chase & Co.Reiterated RatingNeutral
12/15/2020Panmure GordonDowngradeHold ➝ Sell
12/8/2020Morgan StanleyDowngradeOverweight ➝ Equal Weight
11/24/2020BarclaysUpgradeUnderweight ➝ Overweight
11/23/2020Sanford C. BernsteinUpgradeMarket Perform ➝ Outperform
11/17/2020Berenberg BankUpgradeHold ➝ Buy
11/13/2020JPMorgan Chase & Co.Reiterated RatingNeutral
11/11/2020Societe GeneraleDowngradeHold ➝ Sell
9/24/2020Morgan StanleyReiterated RatingOverweight
9/24/2020InvestecUpgradeHold ➝ Buy
9/10/2020Berenberg BankReiterated RatingHold
9/9/2020Societe GeneraleUpgradeSell ➝ Hold
7/27/2020JPMorgan Chase & Co.Reiterated RatingNeutral
7/7/2020Morgan StanleyReiterated RatingOverweight
7/6/2020Berenberg BankReiterated RatingHold
6/29/2020JPMorgan Chase & Co.Reiterated RatingNeutral
5/7/2020JPMorgan Chase & Co.Reiterated RatingNeutral
4/27/2020Berenberg BankReiterated RatingHold
3/30/2020JPMorgan Chase & Co.Reiterated RatingNeutral
3/20/2020CitigroupUpgradeNeutral ➝ Buy
3/16/2020JPMorgan Chase & Co.Reiterated RatingNeutral
3/10/2020Berenberg BankDowngradeBuy ➝ Hold
3/5/2020The Goldman Sachs GroupDowngradeBuy ➝ Neutral
8/28/2019Societe GeneraleDowngradeHold ➝ Sell
2/27/2019JPMorgan Chase & Co.Reiterated RatingOverweight ➝ Neutral
1/24/2019CitigroupUpgradeNeutral ➝ Buy
7/5/2017JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight
4/13/2017Bank of AmericaUpgradeNeutral ➝ Buy
4/12/2017Bank of AmericaUpgradeNeutral ➝ Buy
1/20/2017Liberum CapitalDowngradeHold ➝ Sell
(Data available from 11/27/2016 forward)

News Sentiment Rating

0.00 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/1/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/31/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/30/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/30/2021
  • 3 very positive mentions
  • 29 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
8/29/2021
  • 0 very positive mentions
  • 21 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
9/28/2021
  • 1 very positive mentions
  • 18 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/28/2021
  • 0 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/27/2021

Current Sentiment

  • 0 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Very Positive

  • No very positive mentions tracked during this time.
Meggitt logo
Meggitt Plc is a holding company, which engages in the designs and manufacture of components and sub-systems for aerospace, defence, and energy markets. It operates through the following segments: Meggitt Aircraft Braking Systems; Meggitt Control Systems; Meggitt Polymers and Composites; Meggitt Sensing Systems; and Meggitt Equipment Group. The Meggitt Aircraft Braking Systems segment produces wheels, brakes, and brake control systems for in-service aircraft. The Meggitt Control Systems segment provides fire protection equipment to engines and airframes. The Meggitt Polymers and Composites segment supplies bladder fuel tanks, complex composites and seals packages for a range of civil and defence platforms. The Meggitt Sensing Systems segment offers engineered sensors to measure a variety of parameters such as vibration, temperature, speed, pressure, fluid level and flow as well as power storage, conversion and distribution systems, and avionics suites for aerospace applications. The company was founded in 1947 and is headquartered in Christchurch, the United Kingdom.
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Today's Range

Now: $9.81
Low: $9.81
High: $9.81

50 Day Range

MA: $10.05
Low: $9.78
High: $10.55

52 Week Range

Now: $9.81
Low: $5.14
High: $12.10

Volume

N/A

Average Volume

6,055 shs

Market Capitalization

N/A

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Meggitt?

The following Wall Street research analysts have issued research reports on Meggitt in the last year: Barclays PLC, Berenberg Bank, BNP Paribas, Credit Suisse Group AG, Exane BNP Paribas, HSBC Holdings plc, Jefferies Financial Group Inc., JPMorgan Chase & Co., Morgan Stanley, Panmure Gordon, Sanford C. Bernstein, Societe Generale, and UBS Group AG.
View the latest analyst ratings for MEGGF.

What is the current price target for Meggitt?

3 Wall Street analysts have set twelve-month price targets for Meggitt in the last year. Their average twelve-month price target is $7.47, suggesting a possible downside of 23.9%. JPMorgan Chase & Co. has the highest price target set, predicting MEGGF will reach $8.00 in the next twelve months. Barclays PLC has the lowest price target set, forecasting a price of $6.40 for Meggitt in the next year.
View the latest price targets for MEGGF.

What is the current consensus analyst rating for Meggitt?

Meggitt currently has 2 sell ratings, 9 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in MEGGF, but not buy more shares or sell existing shares.
View the latest ratings for MEGGF.

What other companies compete with Meggitt?

How do I contact Meggitt's investor relations team?

Meggitt's physical mailing address is Atlantic House, Christchurch, Dorset BH23. The company's listed phone number is 441202597597. The official website for Meggitt is www.meggitt.com.