Jefferies Group Weighs in on Morgan Adv Matl’s FY2017 Earnings (MCRUF)
Morgan Adv Matl (OTCMKTS:MCRUF) – Stock analysts at Jefferies Group raised their FY2017 EPS estimates for shares of Morgan Adv Matl in a report issued on Monday. Jefferies Group analyst A. Douglas now forecasts that the company will earn $0.29 per share for the year, up from their previous estimate of $0.28. Jefferies Group also issued estimates for Morgan Adv Matl’s FY2018 earnings at $0.32 EPS.
Separately, Zacks Investment Research cut shares of Morgan Adv Matl from a “buy” rating to a “hold” rating in a research report on Saturday, September 9th.
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Morgan Adv Matl Company Profile
Morgan Advanced Materials plc operates as an advanced materials science and engineering company that focuses on ceramics, carbon, and composites primarily in the United Kingdom. The company 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.
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