Black Creek Increases Stake in Morgan Advanced Materials

Morgan Advanced Materials ( (GB:MGAM) ) just unveiled an update.

Morgan Advanced Materials PLC has announced a change in the voting rights held by Black Creek Investment Management Inc., a Canadian investment management firm. As of May 22, 2025, Black Creek has increased its voting rights in Morgan Advanced Materials to 6.03%, up from a previous position of 5.00%. This change reflects Black Creek’s strategic investment decisions and may influence the company’s governance and decision-making processes. The shares are held by various funds managed by Black Creek, with some also managed by CI Investments Inc.

The most recent analyst rating on (GB:MGAM) stock is a Buy with a £350.00 price target. To see the full list of analyst forecasts on Morgan Advanced Materials stock, see the GB:MGAM Stock Forecast page.

Spark’s Take on GB:MGAM Stock

According to Spark, TipRanks’ AI Analyst, GB:MGAM is a Outperform.

The stock’s attractive valuation and positive technical indicators are the most significant strengths, supported by efficient operational performance. However, the lack of revenue growth and increasing debt levels are concerns that moderately affect the overall score.

To see Spark’s full report on GB:MGAM stock, click here.

More about Morgan Advanced Materials

Morgan Advanced Materials PLC is a UK-based company operating in the advanced materials industry. The company specializes in the development and manufacturing of high-performance materials, focusing on sectors such as thermal ceramics, carbon and technical ceramics, and composites and defense systems.

Average Trading Volume: 1,071,048

Technical Sentiment Signal: Sell

Current Market Cap: £587.7M

See more insights into MGAM stock on TipRanks’ Stock Analysis page.