Morgan Advanced Materials PLC’s (MGAM) “Buy” Rating Reaffirmed at Liberum Capital
Liberum Capital restated their buy rating on shares of Morgan Advanced Materials PLC (LON:MGAM) in a research report report published on Monday morning. The firm currently has a GBX 380 ($5.00) target price on the stock.
MGAM has been the topic of several other research reports. J P Morgan Chase & Co reiterated a neutral rating and issued a GBX 325 ($4.27) target price on shares of Morgan Advanced Materials PLC in a research note on Tuesday, November 7th. reiterated a buy rating and issued a GBX 375 ($4.93) target price on shares of Morgan Advanced Materials PLC in a research note on Friday, September 29th. Peel Hunt upped their target price on shares of Morgan Advanced Materials PLC from GBX 415 ($5.46) to GBX 430 ($5.66) and gave the stock a buy rating in a research note on Friday, August 25th. Barclays PLC dropped their target price on shares of Morgan Advanced Materials PLC from GBX 330 ($4.34) to GBX 325 ($4.27) and set an equal weight rating on the stock in a research note on Thursday, August 17th. Finally, Berenberg Bank started coverage on shares of Morgan Advanced Materials PLC in a research report on Wednesday, September 6th. They set a hold rating and a GBX 320 ($4.21) price objective on the stock. One research analyst has rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus price target of GBX 342.73 ($4.51).
Morgan Advanced Materials PLC (MGAM) opened at GBX 327.05 ($4.30) on Monday. Morgan Advanced Materials PLC has a 52 week low of GBX 275.70 ($3.63) and a 52 week high of GBX 338.40 ($4.45).
WARNING: This piece of content was reported by Watch List News and is owned by of Watch List News. If you are viewing this piece of content on another site, it was illegally copied and reposted in violation of US and international copyright & trademark law. The legal version of this piece of content can be read at https://www.watchlistnews.com/morgan-advanced-materials-plcs-mgam-buy-rating-reaffirmed-at-liberum-capital/1717420.html.
About Morgan Advanced Materials PLC
Morgan Advanced Materials plc, formerly The Morgan Crucible Company plc, is a United Kingdom-based engineering company. The Company is engaged in advanced materials science and engineering of ceramics, carbon and composites. The Company’s segments include North America, Europe and Asia/Rest of World.
Receive News & Ratings for Morgan Advanced Materials PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Morgan Advanced Materials PLC and related companies with Analyst Ratings Network's FREE daily email newsletter.