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Morgan Advanced Materials CEO Joins Chemring Group Board

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Morgan Advanced Materials CEO Joins Chemring Group Board

Confident Investing Starts Here:

Morgan Advanced Materials ( (GB:MGAM) ) has provided an announcement.

Morgan Advanced Materials, a company involved in advanced materials technology, has announced that its CEO, Pete Raby, will join the Board of Chemring Group PLC as a non-executive director starting 1 September 2025. This move could potentially enhance the company’s strategic insights and strengthen its industry connections, given Raby’s new role in the Audit, Nomination, and Remuneration Committees of Chemring Group.

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.

Morgan Advanced Materials exhibits a strong technical position and an attractive valuation, supported by active share buybacks enhancing shareholder value. While financial performance indicates efficient operations, the lack of revenue growth and fluctuating net income pose challenges. The overall score reflects these positive aspects, while acknowledging the need for improved revenue growth and cash flow optimization.

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

More about Morgan Advanced Materials

Average Trading Volume: 903,985

Technical Sentiment Signal: Sell

Current Market Cap: £591.7M

Learn more about MGAM stock on TipRanks’ Stock Analysis page.

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