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Meggitt PLC Ord 5P (MGGT)

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08-Sep-2020 07:16 AM

Meggitt swings to deep loss, scraps dividend as pandemic hits airline sector

Component supplier to the aerospace, defence and energy sectors Meggitt swung to a first-half loss after the Covid-19 crisis devastated the commercial airline sector. Pre-tax losses for the six months through June amounted to £368m, compared to a p
27-Jul-2020 02:20 PM

Broker Forecast - JP Morgan Cazenove issues a broker note on Meggitt PLC

JP Morgan Cazenove today reaffirms its neutral investment rating on Meggitt PLC (LON:MGGT) and raised its price target to 305p (from 285p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
07-Jul-2020 11:40 AM

Broker Forecast - Morgan Stanley issues a broker note on Meggitt PLC

Morgan Stanley today reaffirms its overweight investment rating on Meggitt PLC (LON:MGGT) and cut its price target to 356p (from 382p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
03-Jul-2020 02:30 PM

Broker Forecast - Berenberg issues a broker note on Meggitt PLC

Berenberg today reaffirms its hold investment rating on Meggitt PLC (LON:MGGT) and raised its price target to 345p (from 295p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
03-Jul-2020 10:20 AM

Broker Forecast - JP Morgan Cazenove issues a broker note on Meggitt PLC

JP Morgan Cazenove today reaffirms its neutral investment rating on Meggitt PLC (LON:MGGT) and raised its price target to 285p (from 265p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
02-Jul-2020 08:14 AM

Meggitt warns of hit to first-half group revenue following 'significant decline' in civil aerospace

Component supplier to the defence and aerospace sectors Meggitt said that group revenue in the first half of the year is expected to be approximately 15% lower than in the same period a year earlier on an organic basis, with growth in its defence business
29-Jun-2020 08:40 AM

Broker Forecast - JP Morgan Cazenove issues a broker note on Meggitt PLC

JP Morgan Cazenove today reaffirms its neutral investment rating on Meggitt PLC (LON:MGGT) and cut its price target to 265p (from 275p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
22-Jun-2020 07:56 AM

Meggitt delays first-half results release until 8 September

Component supplier to the aerospace and defence industries Meggitt said it would publish its first-half results on 8 September. The delay in publishing the results owed to the Covid-19 pandemic causing practical disruptions to the preparation process. M
12-Jun-2020 10:20 AM

Broker Forecast - Goldman Sachs issues a broker note on Meggitt PLC

Goldman Sachs today reaffirms its neutral investment rating on Meggitt PLC (LON:MGGT) and cut its price target to 314p (from 342p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
03-Jun-2020 11:40 AM

Broker Forecast - Jefferies International issues a broker note on Meggitt PLC

Jefferies International today reaffirms its buy investment rating on Meggitt PLC (LON:MGGT) and cut its price target to 375p (from 635p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
07-May-2020 09:20 AM

Broker Forecast - JP Morgan Cazenove issues a broker note on Meggitt PLC

JP Morgan Cazenove today reaffirms its neutral investment rating on Meggitt PLC (LON:MGGT) and cut its price target to 275p (from 305p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
05-May-2020 11:00 AM

Broker Forecast - Credit Suisse issues a broker note on Meggitt PLC

Credit Suisse today reaffirms its underperform investment rating on Meggitt PLC (LON:MGGT) and cut its price target to 240p (from 270p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
29-Apr-2020 02:50 PM

Broker Forecast - Goldman Sachs issues a broker note on Meggitt PLC

Goldman Sachs today reaffirms its neutral investment rating on Meggitt PLC (LON:MGGT) and cut its price target to 342p (from 415p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
24-Apr-2020 11:20 AM

Broker Forecast - Berenberg issues a broker note on Meggitt PLC

Berenberg today reaffirms its hold investment rating on Meggitt PLC (LON:MGGT) and cut its price target to 295p (from 340p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
24-Apr-2020 10:50 AM

Broker Forecast - Societe Generale issues a broker note on Meggitt PLC

Societe Generale today downgrades its investment rating on Meggitt PLC (LON:MGGT) to sell (from hold) and cut its price target to 205p (from 610p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
23-Apr-2020 08:33 AM

Meggitt reduces global workforce by 15% as Covid-19 hits civil aerospace business; Q1 group revenue

Aerospace and defence contractor Meggitt announced it has reduced its global workforce by around 15% as it said that Covid-19 will result in a 'significant reduction' in demand across its civil aerospace business. It reported that trading in th
23-Apr-2020 08:30 AM

Broker Forecast - JP Morgan Cazenove issues a broker note on Meggitt PLC

JP Morgan Cazenove today reaffirms its neutral investment rating on Meggitt PLC (LON:MGGT) and cut its price target to 305p (from 330p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
22-Apr-2020 11:40 AM

Broker Forecast - Goldman Sachs issues a broker note on Meggitt PLC

Goldman Sachs today reaffirms its neutral investment rating on Meggitt PLC (LON:MGGT) and cut its price target to 415p (from 601p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
02-Apr-2020 03:40 PM

Broker Forecast - HSBC issues a broker note on Meggitt PLC

HSBC today reaffirms its buy investment rating on Meggitt PLC (LON:MGGT) and raised its price target to 315p (from 300p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
02-Apr-2020 03:30 PM

Broker Forecast - Credit Suisse issues a broker note on Meggitt PLC

Credit Suisse today reaffirms its underperform investment rating on Meggitt PLC (LON:MGGT) and cut its price target to 270p (from 500p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
02-Apr-2020 12:50 PM

Broker Forecast - UBS issues a broker note on Meggitt PLC

UBS today reaffirms its sell investment rating on Meggitt PLC (LON:MGGT) and cut its price target to 241p (from 379p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
30-Mar-2020 09:50 AM

Broker Forecast - JP Morgan Cazenove issues a broker note on Meggitt PLC

JP Morgan Cazenove today reaffirms its neutral investment rating on Meggitt PLC (LON:MGGT) and raised its price target to 330p (from 305p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
27-Mar-2020 02:30 PM

Broker Forecast - Berenberg issues a broker note on Meggitt PLC

Berenberg today reaffirms its hold investment rating on Meggitt PLC (LON:MGGT) and cut its price target to 340p (from 490p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
27-Mar-2020 07:04 AM

Meggitt cancels final dividend after reassessing Covid-19 impact

Aerospace and defence contractor Meggitt said it had decided to withdraw its planned final dividend payment, having reassessed the impact of Covid-19 on its business. The company had planned to pay a final dividend of 11.95p per share. 'Since our m
23-Mar-2020 01:30 PM

Broker Forecast - HSBC issues a broker note on Meggitt PLC

HSBC today reaffirms its buy investment rating on Meggitt PLC (LON:MGGT) and cut its price target to 300p (from 760p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
 
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