Morgan Advanced Materials (MGAM)

Sector:

Electronic and Electrical Equipment

Index:

FTSE 250

216.50p
   
  • Change Today:
      1.50p
  • 52 Week High: 290.00p
  • 52 Week Low: 177.40p
  • Currency: UK Pounds
  • Shares Issued: 278.94m
  • Volume: 232,299
  • Market Cap: £603.91m
  • Beta: 0.01

Barclays starts Morgan Advanced Materials at 'overweight'

By Michele Maatouk

Date: Friday 14 Jul 2023

LONDON (ShareCast) - (Sharecast News) - Barclays initiated coverage of Morgan Advanced Materials on Friday with an 'overweight' rating and 365p price target.
"We think improving end-market exposure will drive higher through-cycle growth for MGAM, with the group EBITA margin expanding to mid-teens and a new peak," it said.

The bank noted that focused M&A is on the agenda, but said it also sees scope for a supportive capital return, while longer term further portfolio rationalisation could drive multiple expansion.

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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 216.50p
Change Today 1.50p
% Change 0.70 %
52 Week High 290.00p
52 Week Low 177.40p
Volume 232,299
Shares Issued 278.94m
Market Cap £603.91m
Beta 0.01

MGAM Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
53.07% above the market average53.07% above the market average53.07% above the market average53.07% above the market average53.07% above the market average
88.57% above the sector average88.57% above the sector average88.57% above the sector average88.57% above the sector average88.57% above the sector average
Price Trend
63.1% below the market average63.1% below the market average63.1% below the market average63.1% below the market average63.1% below the market average
37.14% below the sector average37.14% below the sector average37.14% below the sector average37.14% below the sector average37.14% below the sector average
Income
93.30% above the market average93.30% above the market average93.30% above the market average93.30% above the market average93.30% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
63.87% below the market average63.87% below the market average63.87% below the market average63.87% below the market average63.87% below the market average
57.58% below the sector average57.58% below the sector average57.58% below the sector average57.58% below the sector average57.58% below the sector average

What The Brokers Say

Strong Buy 4
Buy 2
Neutral 4
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
  Interim Final
Ex-Div 23-Oct-25 10-Apr-25
Paid 17-Nov-25 13-May-25
Amount 5.40p 6.80p

Trades for 15-Sep-2025

Time Volume / Share Price
14:38 1 @ 216.50p
14:35 0 @ 215.50p
14:34 13 @ 216.50p
14:32 1 @ 216.50p
14:31 1 @ 216.50p

MGAM Key Personnel

CFO Richard Armitage
CEO Damien Caby

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