Morgan Adv Matl to Post FY2019 Earnings of $0.36 Per Share, Jefferies Group Forecasts (MCRUF)
Morgan Adv Matl (OTCMKTS:MCRUF) – Equities researchers at Jefferies Group lifted their FY2019 EPS estimates for Morgan Adv Matl in a note issued to investors on Monday. Jefferies Group analyst A. Douglas now forecasts that the company will post earnings per share of $0.36 for the year, up from their previous estimate of $0.34.
Separately, Zacks Investment Research raised Morgan Adv Matl from a “hold” rating to a “buy” rating and set a $4.75 price target for the company in a research report on Tuesday, September 12th.
Shares of Morgan Adv Matl (MCRUF) remained flat at $$4.09 on Thursday. 95 shares of the company traded hands. Morgan Adv Matl has a 1-year low of $3.42 and a 1-year high of $4.27.
About Morgan Adv Matl
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.
Receive News & Ratings for Morgan Adv Matl Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Morgan Adv Matl and related companies with MarketBeat.com's FREE daily email newsletter.