Meggit plc (LON: MGGT) is one of today’s top performing stocks on the market.
If you want to invest in Meggit – one of today’s hottest stocks – or if you simply want to find out more about the company and what it does, you have come to the right place. Read on to find out everything you need to know, including our MGGT price forecast for 2021 and beyond.
For those of you who want to buy shares in Meggit quickly, easily and affordably, check out the section directly below. There, you can find our list of the two best places to buy Meggit stock in the UK and around the world.
How & where to buy Meggit shares online
To buy MGGT stock, click on one of the links below, sign up, deposit funds, choose the number of shares you want and execute your transaction.
Here are the two best platforms to buy MGGT shares today:
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What is Meggit?
Incorporated in 1947 and headquartered in Coventry, UK, it is a designer and manufacturer of components and sub-systems in the United Kingdom, Europe, the United States, and internationally.
The company has four key operational segments: Airframe Systems, Engine Systems, Energy & Equipment, and Services & Support. Its main industry is aerospace and defense.
The Meggit share price has surged following the news that the company will be acquired by U.S. industrial company, Parker Hannifin, in a £6.3 billion ($8.8 billion) deal. This marks a 70.5% premium to Meggitt’s closing share price last Friday.
Should I buy Meggit stock today?
If you want to buy the news, or if you simply believe in the company’s credentials as a long-term investment, buying shares after this latest catalyst moment could be smart money. Just make sure you do your due diligence first and don’t invest money you can’t afford to lose.
Meggit price target 2021
We currently can’t provide our 12-month MGGT price target since this major acquisition occurred so recently, so keep checking back to hear all the latest as soon as our analysts digest this deal.