Morgan Advanced Materials PLC (LON:MGAM) had its target price boosted by JPMorgan Chase & Co. from GBX 255 ($3.16) to GBX 265 ($3.28) in a research note published on Tuesday morning. They currently have a neutral rating on the stock.

A number of other equities analysts have also issued reports on the stock. Peel Hunt reiterated a buy rating and set a GBX 360 ($4.46) target price on shares of Morgan Advanced Materials PLC in a research report on Monday. Numis Securities Ltd reiterated a hold rating and set a GBX 295 ($3.65) target price on shares of Morgan Advanced Materials PLC in a research report on Friday, October 28th. Jefferies Group upped their target price on shares of Morgan Advanced Materials PLC from GBX 243 ($3.01) to GBX 294 ($3.64) and gave the stock a hold rating in a research report on Thursday, September 22nd. HSBC upped their target price on shares of Morgan Advanced Materials PLC from GBX 270 ($3.34) to GBX 310 ($3.84) and gave the stock a buy rating in a research report on Tuesday, August 16th. Finally, Liberum Capital upped their target price on shares of Morgan Advanced Materials PLC from GBX 290 ($3.59) to GBX 305 ($3.78) and gave the stock a buy rating in a research report on Tuesday, August 2nd. Two research analysts have rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the stock. Morgan Advanced Materials PLC has a consensus rating of Hold and a consensus price target of GBX 275.25 ($3.41).

Analyst Recommendations for Morgan Advanced Materials PLC (LON:MGAM)

Morgan Advanced Materials PLC (LON:MGAM) opened at 271.80 on Tuesday. The stock’s market capitalization is GBX 774.08 million. The firm’s 50-day moving average is GBX 283.07 and its 200 day moving average is GBX 264.44. Morgan Advanced Materials PLC has a 52-week low of GBX 187.50 and a 52-week high of GBX 310.80.

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.

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