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.

Featured Article: Dividend

The Fly

Receive News & Ratings for MEGGITT PLC/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MEGGITT PLC/ADR and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply