It’s been a crucial week for Morgan Advanced Materials plc (LON:MGAM); here’s what analysts have to say.

July 27, 2018 - By Ash Maslow

Morgan Advanced Materials plc (LON:MGAM) Logo

Morgan Advanced Materials plc (LON:MGAM) Ratings Coverage

Among 7 analysts covering Morgan Advanced Materials (LON:MGAM), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Morgan Advanced Materials has GBX 430 highest and GBX 325 lowest target. GBX 383.57’s average target is 6.96% above currents GBX 358.6 stock price. Morgan Advanced Materials had 17 analyst reports since February 13, 2018 according to SRatingsIntel. The firm earned “Add” rating on Friday, July 27 by Numis Securities. The firm has “Overweight” rating given on Tuesday, July 17 by JP Morgan. The company was maintained on Monday, April 23 by Peel Hunt. The firm has “Buy” rating by Peel Hunt given on Thursday, July 26. The rating was maintained by JP Morgan on Wednesday, February 28 with “Neutral”. The company was maintained on Monday, April 9 by Peel Hunt. The firm has “Buy” rating by Liberum Capital given on Wednesday, March 7. The stock of Morgan Advanced Materials plc (LON:MGAM) earned “Neutral” rating by JP Morgan on Tuesday, February 13. Berenberg maintained it with “Hold” rating and GBX 330 target in Thursday, March 1 report. Liberum Capital maintained the shares of MGAM in report on Friday, March 2 with “Buy” rating. Below is a list of Morgan Advanced Materials plc (LON:MGAM) latest ratings and price target changes.

27/07/2018 Broker: Numis Securities Rating: Add Old Target: GBX 375.00 New Target: GBX 395.00 Maintain
26/07/2018 Broker: Peel Hunt Rating: Buy Old Target: GBX 430.00 Maintain
17/07/2018 Broker: JP Morgan Rating: Overweight Old Target: GBX 345.00 New Target: GBX 390.00 Upgrade
02/07/2018 Broker: Liberum Capital Rating: Buy Old Target: GBX 430.00 New Target: GBX 430.00 Maintain
02/07/2018 Broker: Peel Hunt Rating: Buy Old Target: GBX 430.00 Maintain
23/04/2018 Broker: Peel Hunt Rating: Buy New Target: GBX 430.00 Maintain
09/04/2018 Broker: Peel Hunt Rating: Buy Old Target: GBX 430.00 Maintain
14/03/2018 Broker: Citigroup Rating: Neutral Old Target: GBX 330.00 New Target: GBX 345.00 Maintain
07/03/2018 Broker: Liberum Capital Rating: Buy Old Target: GBX 415.00 New Target: GBX 415.00 Maintain
01/03/2018 Broker: Berenberg Rating: Hold Old Target: GBX 320.00 New Target: GBX 330.00 Reiteration

The stock increased 1.01% or GBX 3.6 during the last trading session, reaching GBX 358.6. About 98,361 shares traded. Morgan Advanced Materials plc (LON:MGAM) has 0.00% since July 27, 2017 and is . It has underperformed by 12.57% 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 1.02 billion 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 9.56 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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