J P Morgan Chase & Co reaffirmed their neutral rating on shares of Morgan Advanced Materials PLC (LON:MGAM) in a research report report published on Tuesday, November 7th, Marketbeat Ratings reports. J P Morgan Chase & Co currently has a GBX 325 ($4.27) price objective on the stock.
A number of other brokerages have also weighed in on MGAM. Liberum Capital restated a buy rating and set a GBX 380 ($5.00) price target on shares of Morgan Advanced Materials in a research note on Monday, November 6th. Peel Hunt reaffirmed a buy rating and set a GBX 430 ($5.66) target price on shares of Morgan Advanced Materials in a report on Monday, November 6th. reaffirmed a buy rating and set a GBX 375 ($4.93) target price on shares of Morgan Advanced Materials in a report on Friday, September 29th. Barclays PLC decreased their target price on Morgan Advanced Materials from GBX 330 ($4.34) to GBX 325 ($4.27) and set an equal weight rating for the company in a report on Thursday, August 17th. Finally, Berenberg Bank started coverage on Morgan Advanced Materials in a report on Wednesday, September 6th. They issued a hold rating and a GBX 320 ($4.21) price target for the company. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus target price of GBX 342.73 ($4.51).
Morgan Advanced Materials (LON MGAM) traded up GBX 0.24 ($0.00) on Tuesday, reaching GBX 326.14 ($4.29). The company’s stock had a trading volume of 251,174 shares, compared to its average volume of 390,080. Morgan Advanced Materials has a 52 week low of GBX 277.20 ($3.65) and a 52 week high of GBX 338.40 ($4.45).
Morgan Advanced Materials Company Profile
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.
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