Morgan Advanced Materials (MGAM) – Research Analysts’ Recent Ratings Changes

Several brokerages have updated their recommendations and price targets on shares of Morgan Advanced Materials (LON: MGAM) in the last few weeks:

  • 2/14/2018 – Morgan Advanced Materials had its “hold” rating reaffirmed by analysts at Numis Securities Ltd. They now have a GBX 350 ($4.84) price target on the stock.
  • 2/13/2018 – Morgan Advanced Materials had its “neutral” rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a GBX 325 ($4.49) price target on the stock.
  • 1/24/2018 – Morgan Advanced Materials had its “buy” rating reaffirmed by analysts at Peel Hunt. They now have a GBX 430 ($5.94) price target on the stock.
  • 1/24/2018 – Morgan Advanced Materials had its “buy” rating reaffirmed by analysts at Liberum Capital. They now have a GBX 415 ($5.73) price target on the stock.
  • 1/18/2018 – Morgan Advanced Materials had its “buy” rating reaffirmed by analysts at Liberum Capital. They now have a GBX 415 ($5.73) price target on the stock.
  • 1/12/2018 – Morgan Advanced Materials had its price target raised by analysts at Liberum Capital from GBX 380 ($5.25) to GBX 415 ($5.73). They now have a “buy” rating on the stock.
  • 12/18/2017 – Morgan Advanced Materials had its price target raised by analysts at Barclays PLC from GBX 325 ($4.49) to GBX 330 ($4.56). They now have an “equal weight” rating on the stock.

Morgan Advanced Materials PLC (LON:MGAM) opened at GBX 329.80 ($4.56) on Wednesday. Morgan Advanced Materials PLC has a 52-week low of GBX 277.20 ($3.83) and a 52-week high of GBX 366.80 ($5.07). The company has a market cap of $941.15 and a P/E ratio of 942.29.

In other Morgan Advanced Materials news, insider Pete Raby sold 26,967 shares of the stock in a transaction that occurred on Friday, December 29th. The shares were sold at an average price of GBX 334 ($4.61), for a total transaction of £90,069.78 ($124,440.15).

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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