Morgan Advanced Materials (MGAM)

Sector:

Electronic and Electrical Equipment

Index:

FTSE 250

198.80p
   
  • Change Today:
    -4.70p
  • 52 Week High: 341.50p
  • 52 Week Low: 198.00p
  • Currency: UK Pounds
  • Shares Issued: 281.15m
  • Volume: 849,869
  • Market Cap: £558.92m

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 198.80p
Change Today -4.70p
% Change -2.31 %
52 Week High 341.50p
52 Week Low 198.00p
Volume 849,869
Shares Issued 281.15m
Market Cap £558.92m

MGAM Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
14.31% above the market average14.31% above the market average14.31% above the market average14.31% above the market average14.31% above the market average
75.76% above the sector average75.76% above the sector average75.76% above the sector average75.76% above the sector average75.76% above the sector average
Price Trend
58.78% below the market average58.78% below the market average58.78% below the market average58.78% below the market average58.78% below the market average
13.51% below the sector average13.51% below the sector average13.51% below the sector average13.51% below the sector average13.51% below the sector average
Income
77.20% above the market average77.20% above the market average77.20% above the market average77.20% above the market average77.20% above the market average
86.67% above the sector average86.67% above the sector average86.67% above the sector average86.67% above the sector average86.67% above the sector average
Growth
71.81% below the market average71.81% below the market average71.81% below the market average71.81% below the market average71.81% below the market average
81.25% below the sector average81.25% below the sector average81.25% below the sector average81.25% below the sector average81.25% 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 10-Apr-25 24-Oct-24
Paid 13-May-25 15-Nov-24
Amount 6.80p 5.40p

Trades for 02-Apr-2025

Time Volume / Share Price
16:35 180,376 @ 198.80p
16:35 142 @ 198.80p
16:35 577 @ 198.80p
16:35 404 @ 198.80p
16:35 656 @ 198.80p

MGAM Key Personnel

CEO Pete Raby
CFO Richard Armitage

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