Home » Reports » Broker Ratings » Morgan Advanced Materials PLC 28.4% Potential Upside Indicated by Berenberg

Morgan Advanced Materials PLC 28.4% Potential Upside Indicated by Berenberg

Morgan Advanced Materials PLC with EPIC/TICKER (LON:MGAM) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Berenberg. Morgan Advanced Materials PLC are listed in the Industrials sector within UK Main Market. Berenberg have set their target price at 330 GBX on its stock. This now indicates the analyst believes there is a possible upside of 28.4% from today’s opening price of 257 GBX. Over the last 30 and 90 trading days the company share price has decreased 12 points and decreased 19 points respectively. The 52 week high for the stock is 370 GBX while the 52 week low for the share price is 233.8 GBX.

Morgan Advanced Materials PLC has a 50 day moving average of 265.02 GBX and the 200 Day Moving Average price is recorded at 269.60. There are currently 285,369,988 shares in issue with the average daily volume traded being 321,269. Market capitalisation for LON:MGAM is £734,599,234 GBP.

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