UK trade secretary clears Meggitt-Parker deal







Downing Street, in London

British Business Secretary Kwasi Kwarteng has approved the takeover of London-based defense firm Meggitt by US engineering and aerospace firm Parker-Hannifin, his minister said on Tuesday.


Marketzone with Reuters 2022

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Analyst recommendations on MEGGITT PLC

Financial data

2022 turnover 1,714M
2,061M
2,013m
2022 net result 134M
161M
157M
Net debt 2022 622M
747M
730M
PER 202247.0x
2022 return1.15%
Capitalization 6,161M
7,407M
7,234M
VE / CA 20223.96x
VE / CA 20233.37x
Number of employees9,270
Floating92.8%


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TrendsbullishbullishNeutral

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Average recommendationSAVE
Number of Analysts8
Last Closing PriceGBX789.00
Average price target791.25GBX
Deviation / Average Target0.29%

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