Home » Reports » Broker Ratings » Morgan Advanced Materials PLC 22.5% Potential Upside Indicated by Jefferies International

Morgan Advanced Materials PLC 22.5% Potential Upside Indicated by Jefferies International

Morgan Advanced Materials PLC with EPIC/TICKER (LON:MGAM) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘BUY’ this morning by analysts at Jefferies International. Morgan Advanced Materials PLC are listed in the Industrials sector within UK Main Market. Jefferies International have set their target price at 320 GBX on its stock. This would imply the analyst believes there is now a potential upside of 22.5% from the opening price of 261.2 GBX. Over the last 30 and 90 trading days the company share price has decreased 7.8 points and decreased 20.4 points respectively. The 1 year high for the share price is 370 GBX while the year low share price is currently 233.8 GBX.

Morgan Advanced Materials PLC has a 50 day moving average of 264.96 GBX and a 200 Day Moving Average share price is recorded at 269.30. There are currently 285,369,988 shares in issue with the average daily volume traded being 319,594. Market capitalisation for LON:MGAM is £732,259,180 GBP.

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