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The latest update is out from Morgan Advanced Materials ( (GB:MGAM) ).
Morgan Advanced Materials has repurchased 20,619 of its own 25 pence ordinary shares on 5 January 2026 via Investec Bank at a volume-weighted average price of 221.5941 pence, with trades executed on the London Stock Exchange within a price range of 216.50 to 225.50 pence. The company plans to cancel the repurchased shares as part of its ongoing buyback programme launched in November 2024, a move that incrementally reduces the share count and may enhance earnings per share and capital returns for remaining shareholders.
The most recent analyst rating on (GB:MGAM) stock is a Hold with a £228.00 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 Neutral.
Morgan Advanced Materials has a solid financial foundation with strong operational efficiency, but faces challenges in revenue and net income growth. The technical indicators show positive momentum, though caution is advised due to potential overbought conditions. The valuation is mixed, with a high P/E ratio but an attractive dividend yield. Corporate events, including share buybacks and strategic growth plans, positively impact the stock’s outlook.
To see Spark’s full report on GB:MGAM stock, click here.
More about Morgan Advanced Materials
Morgan Advanced Materials is a UK-listed specialist materials company focused on advanced ceramics, carbon and other engineered materials used across industrial, energy, transportation and technology markets.
Average Trading Volume: 676,941
Technical Sentiment Signal: Sell
Current Market Cap: £613.6M
For an in-depth examination of MGAM stock, go to TipRanks’ Overview page.