Morgan Advanced Materials (MGAM)

Sector:

Electronic and Electrical Equipment

Index:

FTSE 250

NULL
   
  • Closing Price Chg:
      3.00p
  • 52 Week High: NULL
  • 52 Week Low: 177.00p
  • Currency: UK Pounds
  • Shares Issued: 279.36m
  • Volume: 0
  • 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 NULL
Closing Price Change 3.00p
% Change 0.00 %
52 Week High NULL
52 Week Low 177.00p
Volume 0
Shares Issued 279.36m
Beta 0.01

MGAM Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
23.45% above the market average23.45% above the market average23.45% above the market average23.45% above the market average23.45% 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
55.14% below the market average55.14% below the market average55.14% below the market average55.14% below the market average55.14% below the market average
25.71% below the sector average25.71% below the sector average25.71% below the sector average25.71% below the sector average25.71% below the sector average
Income
84.14% above the market average84.14% above the market average84.14% above the market average84.14% above the market average84.14% 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
65.2% below the market average65.2% below the market average65.2% below the market average65.2% below the market average65.2% 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
  Final Interim
Ex-Div 10-Apr-25 24-Oct-24
Paid 13-May-25 15-Nov-24
Amount 6.80p 5.40p

Trades for --2025

Time Volume / Share Price
0 @ 0.000p

MGAM Key Personnel

CFO Richard Armitage
CEO Damien Caby

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