Johnson Matthey PLC (LON:JMAT – Get Free Report)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,633.01 ($20.17) and traded as high as GBX 1,763 ($21.78). Johnson Matthey shares last traded at GBX 1,747 ($21.58), with a volume of 190,215 shares changing hands.
Analysts Set New Price Targets
A number of equities analysts have weighed in on JMAT shares. Jefferies Financial Group reissued a “buy” rating and issued a GBX 2,100 ($25.94) price objective on shares of Johnson Matthey in a research report on Wednesday, March 20th. Berenberg Bank raised their price target 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 note on Monday, April 8th. Finally, Numis Securities restated a “buy” rating and issued a GBX 2,200 ($27.17) price target on shares of Johnson Matthey in a research note on Wednesday, March 20th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of GBX 2,010 ($24.83).
Get Our Latest Stock Analysis on Johnson Matthey
Johnson Matthey Stock Performance
Insiders Place Their Bets
In other news, insider Liam Condon acquired 24 shares of the firm’s stock in a transaction that occurred on Wednesday, April 17th. The stock was purchased at an average price of GBX 1,767 ($21.83) per share, with a total value of £424.08 ($523.81). In other Johnson Matthey news, insider Stephen Oxley acquired 18 shares of Johnson Matthey stock in a transaction that occurred on Wednesday, March 20th. The stock was acquired at an average price of GBX 1,864 ($23.02) per share, with a total value of £335.52 ($414.43). Also, insider Liam Condon acquired 24 shares of Johnson Matthey stock in a transaction that occurred on Wednesday, April 17th. The stock was acquired at an average cost of GBX 1,767 ($21.83) per share, with a total value of £424.08 ($523.81). Over the last 90 days, insiders have acquired 66 shares of company stock worth $114,288. 0.60% of the stock is owned by insiders.
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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