Home » Reports » Morgan Advanced Materials PLC 22.8% Potential Upside Indicated by RBC Capital Markets

Morgan Advanced Materials PLC 22.8% Potential Upside Indicated by RBC Capital Markets

Morgan Advanced Materials PLC with EPIC/TICKER (LON:MGAM) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERPERFORM’ 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 a target price of 250 GBX on its stock. This now indicates the analyst believes there is a possible upside of 22.8% from today’s opening price of 203.6 GBX. Over the last 30 and 90 trading days the company share price has decreased 95.2 points and decreased 101 points respectively. The 52 week high share price is 339.4 GBX while the 52 week low for the stock is 195 GBX.

Morgan Advanced Materials PLC has a 50 day moving average of 300.72 GBX and a 200 Day Moving Average share price is recorded at 278.31. There are currently 4,858,254,963 shares in issue with the average daily volume traded being 547,710. Market capitalisation for LON:MGAM is £556,471,500 GBP.

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