Morgan Advanced Materials’ (MGAM) Sector perform Rating Reaffirmed at Royal Bank Of Canada

Royal Bank Of Canada reiterated their sector perform rating on shares of Morgan Advanced Materials (LON:MGAM) in a research report sent to investors on Wednesday, Marketbeat Ratings reports. Royal Bank Of Canada currently has a GBX 210 price target on the stock.

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 265 target price on shares of Morgan Advanced Materials in a report on Wednesday. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 237.50.

Morgan Advanced Materials Price Performance

Shares of MGAM stock opened at GBX 211.50 on Wednesday. The firm has a market capitalization of £584.19 million, a price-to-earnings ratio of 21.58, a PEG ratio of 0.51 and a beta of 1.16. Morgan Advanced Materials has a fifty-two week low of GBX 167 and a fifty-two week high of GBX 251.50. The company has a debt-to-equity ratio of 120.33, a quick ratio of 1.26 and a current ratio of 1.74. The stock’s 50-day simple moving average is GBX 230.70 and its 200-day simple moving average is GBX 216.46.

Morgan Advanced Materials (LON:MGAM) last posted its quarterly earnings results on Tuesday, March 3rd. The company reported GBX 15.90 earnings per share (EPS) for the quarter. Morgan Advanced Materials had a net margin of 2.66% and a return on equity of 8.32%. As a group, equities analysts forecast that Morgan Advanced Materials will post 32.5 earnings per share for the current fiscal year.

Morgan Advanced Materials News Summary

Here are the key news stories impacting Morgan Advanced Materials this week:

• Positive Sentiment: Berenberg reiterated a “buy” and lifted its price target to GBX 265, a materially higher target than the current share level — a clear near-term bullish catalyst that can attract buyers and support upside. Berenberg Reaffirms Buy
• Neutral Sentiment: Royal Bank of Canada kept a “sector perform” rating with a GBX 210 target — essentially in line with the stock’s current trading level, signalling limited upside from RBC’s view. RBC Rating
• Neutral Sentiment: Investors Chronicle reports the group “continues to streamline affairs,” noting ongoing restructuring/portfolio simplification initiatives. These moves may improve long-term margins but could keep near-term costs and disruption elevated. Investors Chronicle
• Negative Sentiment: The Globe and Mail notes Morgan has “tightens portfolio as earnings slip in tough markets,” signalling weaker end-market demand and margin pressure — a negative near-term fundamental read that could limit multiple expansion. Globe and Mail
• Negative Sentiment: Latest quarterly results showed GBX 15.90 EPS, a net margin of 2.66% and ROE of 8.32%; management commentary and the slide deck point to pressure in some end markets. These results help explain caution among some investors and may cap upside until margin recovery is clearer. Earnings Release & Call

About Morgan Advanced Materials

Morgan Advanced Materials plc operates as a materials science and application engineering company primarily the United Kingdom. It serves customers in the industrial, transportation, petrochemical and chemical, energy, semiconductor and electronics, healthcare, and security and defense markets. The company was formerly known as The Morgan Crucible Company plc and changed its name to Morgan Advanced Materials plc in March 2013. Morgan Advanced Materials plc was founded in 1856 and is headquartered in Windsor, the United Kingdom.