Barclays Lowers MEGGITT PLC/ADR (MEGGY) to Equal Weight

Barclays lowered shares of MEGGITT PLC/ADR (OTCMKTS:MEGGY) from an overweight rating to an equal weight rating in a research note released on Monday morning, The Fly reports.

OTCMKTS:MEGGY opened at $13.61 on Monday. MEGGITT PLC/ADR has a 52 week low of $11.70 and a 52 week high of $15.30.

MEGGITT PLC/ADR Company Profile

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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