FY2019 Earnings Forecast for Morgan Adv Matl Issued By Jefferies Group (MCRUF)
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.
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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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