Morgan Adv Matl (MCRUF) Rating Increased to Buy at Zacks Investment Research
Morgan Adv Matl (OTCMKTS:MCRUF) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report released on Wednesday. The brokerage currently has a $4.50 target price on the stock. Zacks Investment Research‘s target price points to a potential upside of 10.02% from the stock’s previous close.
According to Zacks, “Morgan Advanced Materials plc provides ceramic materials. It engaged in design and manufacture components for use in ultrasonic Accoustic Doppler Current Profilers technologies for oceanographic, waterway and waste water usage. Morgan Advanced Materials plc is headquartered in Windsor, the United Kingdom. “
Morgan Adv Matl (OTCMKTS MCRUF) opened at $4.09 on Wednesday. Morgan Adv Matl has a one year low of $3.42 and a one year high of $4.27.
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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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