LON:MGGT - Meggitt Share Price, Forecast & News

Meggitt's stock was trading at GBX 454.20 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MGGT shares have decreased by 31.7% and is now trading at GBX 310. View which stocks have been mosted impacted by Coronavirus.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meggitt in the last year. There are currently 4 sell ratings, 7 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Meggitt.

Meggitt declared a dividend on Tuesday, February 25th. Investors of record on Thursday, March 19th will be paid a dividend of GBX 11.95 per share on Friday, May 1st. This represents a yield of 2.12%. The ex-dividend date of this dividend is Thursday, March 19th. This is a boost from Meggitt's previous dividend of $5.55. The official announcement can be accessed at this link. View Meggitt's dividend history.

14 Wall Street analysts have issued 1-year target prices for Meggitt's stock. Their forecasts range from GBX 300 to GBX 654. On average, they expect Meggitt's stock price to reach GBX 475.36 in the next twelve months. This suggests a possible upside of 53.3% from the stock's current price. View analysts' price targets for Meggitt.

Media stories about MGGT stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Meggitt earned a media sentiment score of 1.2 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutMeggitt.

Some companies that are related to Meggitt include Rolls-Royce (RR), CAE (CAE), QinetiQ Group (QQ), PrairieSky Royalty (PSK), Ultra Electronics (ULE), Avon Rubber (AVON), Magellan Aerospace (MAL), Senior (SNR), Cohort (CHRT), Avingtrans (AVG), MS International (MSI), Tel-Instrument Electronics (TIK), Department 13 International (D13) and Leonardo (LDO).

Based on aggregate information from My MarketBeat watchlists, some companies that other Meggitt investors own include Meggitt (MEGGF), Rolls-Royce (RR), GlaxoSmithKline (GSK), Aviva (AV), BAE Systems (BA), Barclays (BARC), BP (BP), BT Group - CLASS A (BT.A), Centrica (CNA) and Diageo (DGE).

Meggitt trades on the London Stock Exchange (LON) under the ticker symbol "MGGT."

Shares of MGGT and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.

One share of MGGT stock can currently be purchased for approximately GBX 310.

Meggitt has a market capitalization of £2.41 billion and generates £2.28 billion in revenue each year. Meggitt employs 11,739 workers across the globe. View additional information about Meggitt.

The official website for Meggitt is http://www.meggitt.com/.

Meggitt's mailing address is Atlantic House, 3 Aviation Park West, CHRISTCHURCH, BH23 6EW, United Kingdom. The company can be reached via phone at +44-1202-597597.