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Morgan Advanced Materials PLC 20.5% Potential Upside Indicated by Liberum Capital

Morgan Advanced Materials PLC with EPIC/TICKER (LON:MGAM) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Liberum Capital. Morgan Advanced Materials PLC are listed in the Industrials sector within UK Main Market. Liberum Capital have set a target price of 380 GBX on its stock. This is indicating the analyst believes there is a potential upside of 20.5% from the opening price of 315.3 GBX. Over the last 30 and 90 trading days the company share price has increased 12.3 points and increased 24.2 points respectively. The 52 week high for the stock is 338.4 GBX while the 52 week low for the share price is 275.7 GBX.

Morgan Advanced Materials PLC has a 50 day moving average of 312.01 GBX and a 200 Day Moving Average share price is recorded at 308.46. There are currently 285,370,003 shares in issue with the average daily volume traded being 358,578. Market capitalisation for LON:MGAM is £925,740,272 GBP.

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