Meggitt Stock Forecast, Price & News

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Meggitt in the last twelve months. There are currently 2 sell ratings, 9 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Meggitt stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MEGGF, but not buy additional shares or sell existing shares.
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Meggitt saw a decline in short interest in the month of August. As of August 31st, there was short interest totaling 376,200 shares, a decline of 42.9% from the August 15th total of 658,500 shares. Based on an average daily trading volume, of 3,400 shares, the short-interest ratio is currently 110.6 days.
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Meggitt's stock was trading at $6.00 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MEGGF shares have increased by 69.1% and is now trading at $10.1450.
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14 Wall Street analysts have issued 1-year price targets for Meggitt's shares. Their forecasts range from $6.40 to $8.00. On average, they expect Meggitt's stock price to reach $7.20 in the next year. This suggests that the stock has a possible downside of 29.0%.
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Some companies that are related to Meggitt include Airbus (EADSF), Airbus (AIR), Astro Aerospace (ASDN), Austal (ASB), Austal (AUTLF), BAE Systems (BAESF), Bantek (DRUS), Blackline Safety (BLKLF), Bombardier (BDRBF), Cobham (CBHMF), Dassault Aviation (DUAVF), Draganfly (DFLYF), Electro Optic Systems (EOS), Electro Optic Systems (EOPSF) and Firan Technology Group (FTGFF).
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Meggitt trades on the OTCMKTS under the ticker symbol "MEGGF."

Shares of MEGGF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of MEGGF stock can currently be purchased for approximately $10.15.

Meggitt employs 12,599 workers across the globe.

The official website for Meggitt is www.meggitt.com.

Meggitt is headquartered at Atlantic House, Christchurch, Dorset BH23.

Meggitt's mailing address is Atlantic House, Christchurch, Dorset BH23. The company can be reached via phone at 441202597597.