Home » Reports » Broker Ratings » Morgan Advanced Materials PLC 10.7% Potential Upside Indicated by Numis

Morgan Advanced Materials PLC 10.7% Potential Upside Indicated by Numis

Morgan Advanced Materials PLC with EPIC/TICKER (LON:MGAM) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘ADD’ today by analysts at Numis. Morgan Advanced Materials PLC are listed in the Industrials sector within UK Main Market. Numis have set a target price of 395 GBX on its stock. This is indicating the analyst believes there is a potential upside of 10.7% from the opening price of 356.8 GBX. Over the last 30 and 90 trading days the company share price has increased 31.2 points and increased 16.4 points respectively. The 1 year high stock price is 367.24 GBX while the 52 week low for the share price is 284.9 GBX.

Morgan Advanced Materials PLC has a 50 day moving average of 342.76 GBX and a 200 day moving average of 337.13. There are currently 285,369,984 shares in issue with the average daily volume traded being 476,634. Market capitalisation for LON:MGAM is £1,011,704,958 GBP.

Join us on our new LinkedIn page

Follow us on LinkedIn