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.
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.
Read More: What does relative strength index mean?
Receive News & Ratings for Johnson Matthey Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Johnson Matthey and related companies with MarketBeat.com's FREE daily email newsletter.