Johnson Matthey PLC (LON:JMAT) Given Average Rating of “Moderate Buy” by Analysts

Shares of Johnson Matthey PLC (LON:JMAT) have been given an average rating of “Moderate Buy” by the six analysts that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, one has issued a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is GBX 2,010 ($24.83).

JMAT has been the subject of several research reports. Numis Securities reiterated a “buy” rating and set a GBX 2,200 ($27.17) price objective on shares of Johnson Matthey in a research report on Wednesday, March 20th. Berenberg Bank increased their price objective on shares of Johnson Matthey from GBX 1,650 ($20.38) to GBX 1,800 ($22.23) and gave the company a “hold” rating in a research report on Monday, April 8th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a GBX 2,100 ($25.94) price objective on shares of Johnson Matthey in a research report on Wednesday, March 20th.

Johnson Matthey Price Performance

Shares of LON:JMAT opened at GBX 1,785 ($22.05) on Friday. The company has a debt-to-equity ratio of 63.95, a quick ratio of 0.76 and a current ratio of 1.51. The firm has a fifty day moving average price of GBX 1,709.85 and a 200 day moving average price of GBX 1,629.65. Johnson Matthey has a fifty-two week low of GBX 1,428.50 ($17.64) and a fifty-two week high of GBX 1,970.50 ($24.34). The firm has a market cap of £3.27 billion, a price-to-earnings ratio of 1,859.38, a P/E/G ratio of 49,242.50 and a beta of 0.98.

Insider Activity

In other news, insider Stephen Oxley bought 24 shares of Johnson Matthey stock in a transaction dated Wednesday, February 21st. The shares were acquired at an average price of GBX 1,597 ($19.73) per share, with a total value of £383.28 ($473.42). Over the last quarter, insiders have bought 66 shares of company stock valued at $114,288. 0.60% of the stock is currently owned by company insiders.

About Johnson Matthey

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.