Home » Reports » Morgan Advanced Materials PLC 40.5% Potential Upside Indicated by Berenberg

Morgan Advanced Materials PLC 40.5% Potential Upside Indicated by Berenberg

Morgan Advanced Materials PLC using EPIC/TICKER code (LON:MGAM) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Berenberg. Morgan Advanced Materials PLC are listed in the Industrials sector within UK Main Market. Berenberg have set a target price of 360 GBX on its stock. This is indicating the analyst believes there is a potential upside of 40.5% from the opening price of 256.2 GBX. Over the last 30 and 90 trading days the company share price has decreased 7 points and decreased 21.6 points respectively. The 1 year high stock price is 370 GBX while the 52 week low for the stock is 241.8 GBX.

Morgan Advanced Materials PLC has a 50 day moving average of 267.56 GBX and the 200 Day Moving Average price is recorded at 316.68. There are currently 285,369,988 shares in issue with the average daily volume traded being 567,594. Market capitalisation for LON:MGAM is £753,376,536 GBP.

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