Johnson Matthey PLC (LON:JMAT) Receives GBX 2,010 Average Price Target from Brokerages

Shares of Johnson Matthey PLC (LON:JMAT) have been given an average rating of “Moderate Buy” by the six analysts that are presently covering the company, MarketBeat reports. One 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 brokers that have issued a report on the stock in the last year is GBX 2,010 ($25.02).

Several research analysts recently weighed in on the stock. Berenberg Bank upped their price objective on shares of Johnson Matthey from GBX 1,650 ($20.54) to GBX 1,800 ($22.41) and gave the stock a “hold” rating in a research report on Monday, April 8th. Numis Securities reiterated a “buy” rating and set a GBX 2,200 ($27.39) price target on shares of Johnson Matthey in a research report on Wednesday, March 20th. Finally, Jefferies Financial Group restated a “buy” rating and issued a GBX 2,100 ($26.14) target price on shares of Johnson Matthey in a report on Wednesday, March 20th.

Johnson Matthey Stock Up 2.0 %

JMAT stock opened at GBX 1,788 ($22.26) on Friday. The company has a current ratio of 1.51, a quick ratio of 0.76 and a debt-to-equity ratio of 63.95. The company’s 50 day moving average is GBX 1,706.43 and its 200 day moving average is GBX 1,628.11. The stock has a market cap of £3.28 billion, a price-to-earnings ratio of 1,862.50, a price-to-earnings-growth ratio of 49,242.50 and a beta of 0.98. Johnson Matthey has a 1-year low of GBX 1,428.50 ($17.78) and a 1-year high of GBX 1,984 ($24.70).

Insider Activity at Johnson Matthey

In related news, insider Stephen Oxley purchased 18 shares of the business’s stock in a transaction that occurred on Wednesday, March 20th. The shares were acquired at an average price of GBX 1,864 ($23.20) per share, for a total transaction of £335.52 ($417.68). In other Johnson Matthey news, insider Stephen Oxley bought 18 shares of the company’s stock in a transaction dated Wednesday, March 20th. The shares were purchased at an average price of GBX 1,864 ($23.20) per share, for a total transaction of £335.52 ($417.68). Also, insider Liam Condon bought 24 shares of the company’s stock in a transaction dated Wednesday, April 17th. The shares were acquired at an average price of GBX 1,767 ($22.00) per share, for a total transaction of £424.08 ($527.92). Insiders have purchased a total of 66 shares of company stock worth $114,288 over the last quarter. Corporate insiders own 0.60% of the company’s stock.

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.