MEGGITT PLC/ADR (OTCMKTS:MEGGY) Upgraded by Goldman Sachs Group to Buy

Goldman Sachs Group upgraded shares of MEGGITT PLC/ADR (OTCMKTS:MEGGY) from a neutral rating to a buy rating in a report released on Wednesday morning, The Fly reports.

Shares of MEGGITT PLC/ADR stock opened at $13.78 on Wednesday. MEGGITT PLC/ADR has a 52 week low of $11.51 and a 52 week high of $15.30. The firm has a 50 day moving average price of $13.08.


Meggitt PLC designs and manufactures components and sub-systems for aerospace, defense, energy, medical, industrial, test, and automotive markets in the United Kingdom, rest of Europe, the United States, and internationally. It operates through Meggitt Aircraft Braking Systems, Meggitt Control Systems, Meggitt Polymers & Composites, Meggitt Sensing Systems, and Meggitt Equipment Group segments.

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