Morgan Advanced Materials PLC 20.7% 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 265 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 20.7% from today’s opening price of 219.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 22.5 points and increased 15.5 points respectively. The 1 year high for the stock price is 339.4 GBX while the year low share price is currently 168.8 GBX.

Morgan Advanced Materials PLC has a 50 day moving average of 235.47 GBX and a 200 day moving average of 260.76. There are currently 285,369,988 shares in issue with the average daily volume traded being 304,661. Market capitalisation for LON:MGAM is £622,106,600 GBP.

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