Johnson Matthey PLC (LON:JMAT) Receives GBX 4,010 Consensus Price Target from Brokerages

Shares of Johnson Matthey PLC (LON:JMAT) have been given a consensus rating of “Buy” by the seven ratings firms that are presently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating and six have given a buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is GBX 3,932.50 ($51.39).

JMAT has been the subject of several research analyst reports. Berenberg Bank reaffirmed a “buy” rating on shares of Johnson Matthey in a research note on Tuesday, August 20th. Deutsche Bank reaffirmed a “buy” rating and set a GBX 3,700 ($48.35) price target on shares of Johnson Matthey in a research note on Thursday, October 3rd. Liberum Capital reaffirmed a “buy” rating on shares of Johnson Matthey in a research note on Tuesday, October 1st. UBS Group reaffirmed a “sell” rating on shares of Johnson Matthey in a research note on Tuesday, September 17th. Finally, Credit Suisse Group initiated coverage on Johnson Matthey in a research note on Monday, September 2nd. They set an “outperform” rating and a GBX 4,200 ($54.88) price target for the company.

In other Johnson Matthey news, insider Robert MacLeod purchased 12 shares of Johnson Matthey stock in a transaction that occurred on Wednesday, July 17th. The shares were bought at an average price of GBX 3,225 ($42.14) per share, for a total transaction of £387 ($505.68). In the last 90 days, insiders have purchased 36 shares of company stock worth $110,472.

JMAT stock traded up GBX 4 ($0.05) during mid-day trading on Wednesday, hitting GBX 2,839 ($37.10). 487,402 shares of the stock were exchanged, compared to its average volume of 691,012. The company has a debt-to-equity ratio of 50.40, a current ratio of 1.64 and a quick ratio of 0.95. The business has a fifty day moving average price of GBX 2,955.06 and a 200 day moving average price of GBX 3,144.20. Johnson Matthey has a 12 month low of GBX 2,574 ($33.63) and a 12 month high of GBX 3,475 ($45.41). The stock has a market capitalization of $5.49 billion and a price-to-earnings ratio of 13.23.

Johnson Matthey Company Profile

Johnson Matthey is a global leader in science that enables a cleaner and healthier world. With over 200 years of sustained commitment to innovation and technological breakthroughs, they improve the function, performance and safety of their customers’ products. Their science has a global impact in areas such as low emission transport, pharmaceuticals, chemical processing and making the most efficient use of the planet’s natural resources.

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Analyst Recommendations for Johnson Matthey (LON:JMAT)

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