LON:MGGTMeggitt Share Price, Forecast & News

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

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meggitt in the last year. There are currently 5 sell ratings, 5 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Meggitt.

Meggitt is scheduled to release its next quarterly earnings announcement on Tuesday, September 8th 2020. View our earnings forecast for Meggitt.

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

14 Wall Street analysts have issued 12-month price targets for Meggitt's shares. Their forecasts range from GBX 205 to GBX 510. On average, they anticipate Meggitt's stock price to reach GBX 349.83 in the next twelve months. This suggests a possible upside of 12.8% from the stock's current price. View analysts' price targets for Meggitt.

Press coverage about MGGT stock has trended negative this week, according to InfoTrie Sentiment. The research firm scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Meggitt earned a coverage optimism score of -2.1 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news about Meggitt.

Some companies that are related to Meggitt include CAE (CAE), Rolls-Royce (RR), PrairieSky Royalty (PSK), QinetiQ Group (QQ), 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). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Meggitt investors own include Meggitt (MEGGF), Rolls-Royce (RR), Aviva (AV), Barclays (BARC), BP (BP), GlaxoSmithKline (GSK), Lloyds Banking Group (LLOY), BAE Systems (BA), 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 £2.42 billion and generates £2.28 billion in revenue each year. Meggitt employs 11,739 workers across the globe.

The official website for Meggitt is 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.