Johnson Matthey PLC’s (JMAT) Buy Rating Reiterated at Deutsche Bank AG
Johnson Matthey PLC (LON:JMAT)‘s stock had its “buy” rating reissued by stock analysts at Deutsche Bank AG in a research note issued to investors on Wednesday.
JMAT has been the topic of several other reports. JPMorgan Chase & Co. raised their target price on Johnson Matthey PLC from GBX 2,750 ($35.90) to GBX 2,850 ($37.20) and gave the company a “neutral” rating in a report on Thursday, July 21st. Jefferies Group raised their target price on Johnson Matthey PLC from GBX 3,615 ($47.19) to GBX 3,650 ($47.64) and gave the company a “buy” rating in a report on Thursday, June 16th. Berenberg Bank downgraded Johnson Matthey PLC to a “hold” rating and raised their target price for the company from GBX 3,250 ($42.42) to GBX 3,350 ($43.73) in a report on Tuesday, August 2nd. Numis Securities Ltd raised their target price on Johnson Matthey PLC from GBX 3,138 ($40.96) to GBX 3,394 ($44.30) and gave the company a “hold” rating in a report on Thursday, July 21st. Finally, BNP Paribas reiterated a “neutral” rating and set a GBX 2,500 ($32.63) target price on shares of Johnson Matthey PLC in a report on Tuesday, May 31st. Six equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Johnson Matthey PLC currently has an average rating of “Hold” and a consensus price target of GBX 3,155.73 ($41.19).
Shares of Johnson Matthey PLC (LON:JMAT) opened at 3514.00 on Wednesday. The stock has a 50 day moving average price of GBX 3,300.97 and a 200 day moving average price of GBX 3,043.17. The firm’s market capitalization is GBX 6.74 billion. Johnson Matthey PLC has a 12-month low of GBX 2,215.00 and a 12-month high of GBX 3,516.00.
In other news, insider Garner,Nicholas bought 12 shares of the firm’s stock in a transaction dated Wednesday, July 20th. The stock was bought at an average price of GBX 3,189 ($41.63) per share, for a total transaction of £382.68 ($499.52). Also, insider Farrant,Simon sold 3,577 shares of Johnson Matthey PLC stock in a transaction that occurred on Monday, August 1st. The stock was sold at an average price of GBX 3,274 ($42.74), for a total value of £117,110.98 ($152,866.44).
Johnson Matthey PLC Company Profile
Johnson Matthey PLC is a specialty chemicals company. The Company operates in five divisions: Emission Control Technologies, Process Technologies, Precious Metal Products, Fine Chemicals and New Businesses. Emission Control Technologies is a manufacturer of catalysts and catalyst systems for vehicles and industry.
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