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Morgan Advanced Materials (MGAM) Stock Forecast & Price Target

GBX 321.50
+2.50 (+0.78%)
(As of 05/28/2024 ET)

Morgan Advanced Materials - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold
Based on 1 Analyst Ratings

Consensus Price Target

GBX 315
High ForecastGBX 315
Average ForecastGBX 315
Low ForecastGBX 315
TypeCurrent Forecast
5/29/23 to 5/28/24
1 Month Ago
4/29/23 to 4/28/24
3 Months Ago
2/28/23 to 2/28/24
1 Year Ago
5/29/22 to 5/29/23
Consensus Rating
Hold
Hold
Hold
Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
2 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetGBX 315GBX 315GBX 315GBX 397.50
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MGAM Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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MGAM Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Morgan Advanced Materials Stock vs. The Competition

TypeMorgan Advanced MaterialsIndustrials Companies
Consensus Rating Score
2.00
2.57
Consensus RatingHoldModerate Buy
News Sentiment RatingPositive News
Neutral News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
1/31/2024Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeHoldGBX 315+16.24%
11/14/2022Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperformGBX 330 ➝ GBX 370+18.97%
6/7/2022Berenberg Bank
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 Reiterated RatingBuyGBX 425+44.44%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 10:20 PM ET.

MGAM Frequently Asked Questions

What is Morgan Advanced Materials's stock forecast and purchase recommendation?

According to the research reports of 1 Wall Street equities research analysts, the average twelve-month stock price forecast for Morgan Advanced Materials is GBX 315, with a high forecast of GBX 315 and a low forecast of GBX 315. The consensus rating for Morgan Advanced Materials stock is Hold based on the current 1 hold rating for MGAM. Learn more on MGAM's analyst rating history.

Do Wall Street analysts like Morgan Advanced Materials more than its competitors?

Analysts like Morgan Advanced Materials less than other "industrials" companies. The consensus rating for Morgan Advanced Materials is Hold while the average consensus rating for "industrials" companies is Moderate Buy. Learn more on how MGAM compares to other companies.

Does Morgan Advanced Materials's stock price have much upside?

According to analysts, Morgan Advanced Materials's stock has a predicted upside of 16.24% based on their 12-month stock forecasts.


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This page (LON:MGAM) was last updated on 5/28/2024 by MarketBeat.com Staff

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