Morgan Advanced Materials PLC 20.6% Potential Upside Indicated by RBC Capital Markets

Broker Ratings

Morgan Advanced Materials PLC using EPIC/TICKER code (LON:MGAM) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘SECTOR PERFORMER’ today by analysts at RBC Capital Markets. Morgan Advanced Materials PLC are listed in the Industrials sector within UK Main Market. RBC Capital Markets have set their target price at 275 GBX on its stock. This indicates the analyst now believes there is a potential upside of 20.6% from the opening price of 228 GBX. Over the last 30 and 90 trading days the company share price has decreased 4 points and increased 27 points respectively. The 52 week high share price is 339.4 GBX while the 52 week low is 168.8 GBX.

Morgan Advanced Materials PLC has a 50 day moving average of 230.00 GBX and a 200 Day Moving Average share price is recorded at 261.57. There are currently 285,369,988 shares in issue with the average daily volume traded being 438,334. Market capitalisation for LON:MGAM is £652,070,221 GBP.

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