Are Analysts Bullish about Morgan Advanced Materials plc (LON:MGAM) after last week?

Morgan Advanced Materials plc (LON:MGAM) Logo

Morgan Advanced Materials plc (LON:MGAM) Ratings Coverage

Among 3 analysts covering Morgan Advanced Materials (LON:MGAM), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Morgan Advanced Materials has GBX 330 highest and GBX 270 lowest target. GBX 306.67’s average target is 15.90% above currents GBX 264.6 stock price. Morgan Advanced Materials had 7 analyst reports since March 26, 2019 according to SRatingsIntel. As per Monday, July 22, the company rating was maintained by Berenberg. Jefferies upgraded it to “Buy” rating and GBX 320 target in Wednesday, July 24 report. The firm has “Sector Performer” rating given on Tuesday, March 26 by RBC Capital Markets. Below is a list of Morgan Advanced Materials plc (LON:MGAM) latest ratings and price target changes.

24/07/2019 Broker: Jefferies Rating: Buy Old Target: GBX 365.00 New Target: GBX 320.00 Upgrade
22/07/2019 Broker: Berenberg Rating: Buy Old Target: GBX 360.00 New Target: GBX 330.00 Maintain
22/07/2019 Broker: Peel Hunt Rating: Buy Old Target: GBX 350.00 Maintain
15/07/2019 Broker: Peel Hunt Rating: Buy Old Target: GBX 350.00 Maintain
08/07/2019 Broker: Peel Hunt Rating: Buy Old Target: GBX 350.00 Maintain
10/05/2019 Broker: Peel Hunt Rating: Buy Old Target: GBX 350.00 Maintain
26/03/2019 Broker: RBC Capital Markets Rating: Sector Performer Old Target: GBX 310.00 New Target: GBX 270.00 Maintain

The stock increased 1.15% or GBX 3 during the last trading session, reaching GBX 264.6. About 154,382 shares traded. Morgan Advanced Materials plc (LON:MGAM) has 0.00% since September 13, 2018 and is . It has by 0.00% the S&P500.

Morgan Advanced Materials plc operates as an advanced materials science and engineering firm that focuses on ceramics, carbon, and composites primarily in the United Kingdom. The company has market cap of 766.54 million GBP. The firm offers insulating fibers, bricks, and monolithics; structural ceramics; electrical carbon, linear, and rotary transfer systems; seals and bearings; piezoelectric sensors and transducers; crucibles for metals processing; ballistic protection products; and ceramic cores for investment casting, as well as braze alloys. It has a 13.64 P/E ratio. It also provides high-performance products for aerospace, automotive, marine, and rail applications; components for petrochemical industry; and components used in medical monitoring and diagnostic instrumentation, as well as tools for treatment and surgery; and electronic components.

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