Morgan Adv Matl (OTCMKTS:MCRUF) – Research analysts at Jefferies Group raised their FY2019 EPS estimates for shares of Morgan Adv Matl in a research report issued to clients and investors on Monday. Jefferies Group analyst A. Douglas now expects that the company will earn $0.36 per share for the year, up from their previous estimate of $0.34.

Separately, Zacks Investment Research raised shares of Morgan Adv Matl from a “hold” rating to a “buy” rating and set a $4.50 price target for the company in a research report on Wednesday.

Shares of Morgan Adv Matl (MCRUF) remained flat at $$4.09 during trading hours on Thursday. Morgan Adv Matl has a 52-week low of $3.42 and a 52-week high of $4.27.

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Morgan Adv Matl Company Profile

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.

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