Meggitt PLC

Meggitt is the parent company of a group whose principal activities are the design and manufacture of components and sub-systems for aerospace, defense and other markets. Co. has five segments: Meggitt Aircraft Braking Systems, a providers of aircraft wheels, brakes and brake control systems; Meggitt Control Systems, which comprised of aircraft fire protection and control systems; Meggitt Polymers and Composites, which comprised of engine and aerodynamic seals, flexible fuel tanks and fuel systems; Meggitt Sensing Systems, a provider sensing and monitoring systems for aircraft; and Meggitt Equipment Group, which include unique heat transfer equipment for hydrocarbon processing.
  • TickerMGGT
  • ISINGB0005758098
  • ExchangeLondon Stock Exchange
  • SectorAerospace & Defense
  • CountryUnited Kingdom

An increasingly favourable environment allows MEGGITT to improve to Neutral

The independent financial analyst theScreener just upgraded the general evaluation of MEGGITT (GB), a company active in the Aerospace & Defense industry. As regards its fundamental valuation, the title confirms its rating of 2 out of 4 stars while its market behaviour remains as risky. theScreener believes, however, that a more enabling environment allows the title to increase its general evaluation to Neutral. As of the analysis date July 17, 2020, the closing price was GBp 303.60 and its expected value was estimated at GBp 299.82.

Meggitt: 1 director maiden bought

A director at Meggitt maiden bought 5,000 shares at 303p and the significance rating of the trade was 52/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board mem...

Expert Corporate Governance Service (ECGS)

Meggitt – AGM 23 April 2020

In general, Meggitt is in compliance with the British regulations relating to the organization and procedures of the Annual General Meeting.   Covid-19 and dividend update   On 27 March 2020, the Board has decided that it is prudent to withdraw the recommendation to pay the final dividend of 11.95 pence per share. Consequently, the dividend resolution referred to in the notice of the Annual General Meeting will not be presented to the meeting. In addition, ECGS recommends to OPPOSE to authorization to repurchase shares (ITEM 19).   ITEM 2: Directors' Remuneration Policy   The Company s...

Feasibility Study Results in December to be a Catalyst for this Junior

Feasibility Study Results in December to be a Catalyst for this Junior

Meggitt: 1 director maiden bought

A director at Meggitt maiden bought 5,000 shares at 303p and the significance rating of the trade was 52/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board mem...