Morgan Advanced Materials (MGAM)

Sector:

Electronic and Electrical Equipment

Index:

FTSE 250

316.50p
   
  • Change Today:
      3.00p
  • 52 Week High: 331.00
  • 52 Week Low: 218.50
  • Currency: UK Pounds
  • Shares Issued: 285.37m
  • Volume: 214,092
  • Market Cap: £903.20m

Thursday broker round-up UPDATE

Date: Thursday 24 Jul 2014

LONDON (ShareCast) - Afren: JP Morgan shifts target price from 180p to 188p upgrading from underweight to overweight.

Anglo American: Jefferies raises target price from 1550p to 1700p and reiterates a hold recommendation.

Antofagasta: Jefferies increases target price from 825p to 1000p upgrading from hold to buy.

ARM Holdings: UBS reduces target price from 1050p to 970p and reiterates a neutral rating. Numis raises target price from 920p to 1150p upgrading from hold to buy.

Associated British Foods: Jefferies raises target price from 2600p to 2950p leaving its hold recommendation unaltered.

Babcock International: Berenberg reduces target price from 1510p to 1480p and keeps a buy recommendation.

Beazley: Berenberg ups target price from 278p to 290p and keeps a buy recommendation.

Betfair: Barclays shifts target price from 1245.6p to 1246p reiterating an overweight rating.

BHP Billiton: Jefferies raises target price from 2200p to 2450p and keeps a buy recommendation. Deutsche Bank ups target price from 2400p to 2450p maintaining a buy recommendation. Investec raises target price from 2092p to 2175p keeping a hold recommendation.

B&M: Numis initiates with a target price of 280p and a hold recommendation.

Britvic: Investec moves target price from 716p to 725p and maintains a hold recommendation.

Cairn Energy: JP Morgan lowers target price from 279p to 271p keeping an overweight rating.

Capita: Morgan Stanley ups target price from 1100p to 1150p and retains an equal-weight rating.

Clinigen: Investec places its target price (prev.: 497p) and keeps a buy recommendation.

Croda International: Numis reduces target price from 2248p to 2178p and stays with its hold recommendation.

Densitron Technologies: Westhouse Securities restarts with a target price of 8p and a buy recommendation.

easyJet: Panmure Gordon upgrades from hold to buy with a target rice of 1800p.

EnQuest: JP Morgan shifts target price from 185p to 188p and retains an overweight rating.

Entertainment One: JP Morgan ups target price from 323p to 365p and stays with its overweight rating.

First Quantum Minerals: Jefferies increases target price from 1350p to 1700p and retains a buy recommendation.

Genel Energy: JP Morgan moves target price from 1160p to 1170p and reiterates a neutral rating.

Glencore Xstrata: Jefferies raises target price from 330p to 430p upgrading from hold to buy.

GlaxoSmithKline: Credit Suisse reduces target price from 1600p to 1475p maintaining an underperform rating. Deutsche Bank reduces target price from 1630p to 1500p and keeps a hold recommendation. Panmure Gordon cuts target price from 1650p to 1600p and stays with its hold recommendation.

Halma: Investec moves target price from 620p to 635p and keeps a buy recommendation.

ICAP: Espirito Santo lowers target price from 333p to 312p and leaves its sell recommendation unchanged.

IMI: Citi cuts target price from 1735p to 1700p leaving its buy recommendation unchanged.

Inchcape: Nomura raises target price from 600p to 730p upgrading from neutral to buy.

Jardine Lloyd Thompson: JP Morgan lowers target price from 1216p to 1208p, while leaving its overweight rating unchanged.

Johnson Matthey: Numis upgrades from add to buy with a target price of 3642p.

Kazakhmys: Jefferies ups target price from 300p to 350p and keeps a hold recommendation. Deutsche Bank raises target price from 201p to 310p upgrading from sell to hold.

Lancashire Holdings: Numis cuts target price from 875p to 840p, while upgrading from add to buy.

Mitchells & Butlers: Numis downgrades from buy to hold with a target price of 420p.

Morgan Advanced Materials: Citi lowers target price from 345p to 340p and stays with its buy recommendation.

Nichols: Investec shifts target price from 1070p to 1075p retaining its buy recommendation.

Northbridge: WH Ireland takes target price from 599p to 625p and stays with its buy recommendation.

Ophir Energy: JP Morgan cuts target price from 330p to 270p downgrading from overweight to neutral.

Petropavlovsk: Citi cuts target price from 67p to 42p, while upgrading from sell to hold.

Provident Financial: Berenberg increases target price from 2050p to 2200p staying with its hold recommendation.

Rathbone Brothers: Canaccord Genuity upgrades from hold to buy with a target price of 2160p.

Renishaw: UBS increases target price from 1700p to 1850p and stays with its neutral rating.

Rio Tinto: Jefferies raises target price from 3900p to 4100p and maintains a buy recommendation.

Sage: Numis lowers target price from 411p to 396p staying with a hold recommendation.

Sagentia: Numis cuts target price from 180p to 150p retaining an add rating.

SOCO International: JP Morgan lowers target price from 407p to 395p and maintains a neutral rating.

Tullow Oil: JP Morgan cuts target price from 1050p to 1000p keeping its overweight rating.

Ultra Electronics: Deutsche Bank cuts target price from 1765p to 1750p retaining a hold recommendation.

Vedanta Resources: Jefferies increases target price from 900p to 1200p maintaining a hold recommendation.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

MGAM Market Data

Currency UK Pounds
Share Price 316.50p
Change Today 3.00p
% Change 0.96 %
52 Week High 331.00
52 Week Low 218.50
Volume 214,092
Shares Issued 285.37m
Market Cap £903.20m

MGAM Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
72.71% above the market average72.71% above the market average72.71% above the market average72.71% above the market average72.71% above the market average
94.44% above the sector average94.44% above the sector average94.44% above the sector average94.44% above the sector average94.44% above the sector average
Price Trend
42.97% above the market average42.97% above the market average42.97% above the market average42.97% above the market average42.97% above the market average
53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average
Income
54.04% above the market average54.04% above the market average54.04% above the market average54.04% above the market average54.04% above the market average
84.62% above the sector average84.62% above the sector average84.62% above the sector average84.62% above the sector average84.62% above the sector average
Growth
82.71% below the market average82.71% below the market average82.71% below the market average82.71% below the market average82.71% below the market average
94.29% below the sector average94.29% below the sector average94.29% below the sector average94.29% below the sector average94.29% below the sector average

What The Brokers Say

Strong Buy 4
Buy 3
Neutral 3
Sell 0
Strong Sell 0
Total 10
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

MGAM Dividends

  Latest Previous
  Final Interim
Ex-Div 25-Apr-24 26-Oct-23
Paid 17-May-24 17-Nov-23
Amount 6.70p 5.30p

Trades for 07-Jun-2024

Time Volume / Share Price
16:47 1,398 @ 314.60p
16:35 138,626 @ 316.50p
16:35 301 @ 316.50p
16:35 867 @ 316.50p
16:35 740 @ 316.50p

MGAM Key Personnel

CEO Pete Raby
CFO Richard Armitage

Top of Page