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Morgan Advanced Materials (MGAM) Stock Forecast & Price Target

GBX 326
-1.00 (-0.31%)
(As of 07/19/2024 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

Based on 1 Wall Street analysts who have issued ratings for Morgan Advanced Materials in the last 12 months, the stock has a consensus rating of "Hold." Out of the 1 analysts, 1 has given a hold rating for MGAM.

Consensus Price Target

GBX 315
High ForecastGBX 315
Average ForecastGBX 315
Low ForecastGBX 315

According to the 1 analysts' twelve-month price targets for Morgan Advanced Materials, the average price target is GBX 315. The highest price target for MGAM is GBX 315, while the lowest price target for MGAM is GBX 315. The average price target represents a forecasted downside of -3.37% from the current price of GBX 326.

TypeCurrent Forecast
7/21/23 to 7/20/24
1 Month Ago
6/21/23 to 6/20/24
3 Months Ago
4/22/23 to 4/21/24
1 Year Ago
7/21/22 to 7/21/23
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)
1 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 370
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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
2.60
Consensus RatingHoldModerate Buy
News Sentiment RatingPositive News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
1/31/2024Jefferies Financial Group
2 of 5 stars
 DowngradeHoldGBX 315+16.24%
11/14/2022Royal Bank of Canada
4 of 5 stars
 Boost TargetOutperformGBX 330 ➝ GBX 370+18.97%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 11:43 PM ET.

MGAM Forecast - Frequently Asked Questions

What is Morgan Advanced Materials' forecast for 2024?

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.

Should I buy or sell Morgan Advanced Materials stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Morgan Advanced Materials in the last twelve months. There is currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" MGAM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MGAM, but not buy additional shares or sell existing shares.

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.

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.


This page (LON:MGAM) was last updated on 7/20/2024 by MarketBeat.com Staff

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