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Home / Momentum / Meggitt

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Meggitt

Is this trend a good trading opportunity?

Will Meggitt turn, or will it maintain momentum to 662p Goldman Sachs TP 10 Jul?

  • Shares +7% since 22 Jul.
  • Now trading 605p (at the time of writing).
  • Will the positive momentum continue towards 662p as per Goldman Sachs upgrade on target price on 10 Jul?
  • Shares at 2019 highs; +31% from 2019 lows; +6.1% year-to-date.
  • Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

Click to enlarge

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Prepared by Michael van Dulken, Head of Research
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