# Morgan Advanced Materials PLC 25.7% potential upside indicated by Citigroup

- Link: https://www.directorstalkinterviews.com/morgan-advanced-materials-plc-25-7-potential-upside-indicated-by-citigroup/4121185182
- Published: 2025-01-29T14:41:37+00:00
- Author: Charlotte Edwards

**Morgan Advanced Materials PLC** with ticker (LON:MGAM) now has a potential upside
of 25.7% according to Citigroup.
MGAM.LCitigroup set a target price of 330 GBX for
the company, which when compared to the Morgan Advanced Materials PLC share price
of 263 GBX at opening today (29/01/2025) indicates a potential upside of 25.7%. 
Trading has ranged between 232 (52 week low) and 347 (52 week high) with an average
of 903,706 shares exchanging hands daily. The market capitalisation at the time 
of writing is £759,745,452.Morgan Advanced Materials plc is a manufacturer of advanced
carbon and ceramic materials. Its Thermal Products segment comprises of its thermal
ceramics and molten metal systems businesses. Its products and systems are used 
in high temperature industrial processing of metals, petrochemicals, cement, ceramics
and glass, and by manufacturers of equipment for aerospace, automotive, marine and
domestic applications. Its Performance Carbon segment specializes in carbon, graphite
and carbide products. Its product range includes carbon brushes, brush holders, 
terminal blocks, diagnostic and motor maintenance equipment, AEGIS SGR bearing protection
for motors and generators, and others. Its Technical Ceramics segment employs advanced
materials science and applications expertise to produce parts that enhance reliability
or improve the performance of its customers’ products. The Company’s product range
includes ceramic cores, wax injection products, ceramic injection molded products
and others.

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