Johnson Matthey PLC (JMAT) Price Target Increased to GBX 3,711 by Analysts at Numis Securities Ltd
Johnson Matthey PLC (LON:JMAT) had its target price upped by Numis Securities Ltd from GBX 3,394 ($42.00) to GBX 3,711 ($45.93) in a research report sent to investors on Tuesday morning. The firm currently has a hold rating on the stock.
Several other equities analysts have also issued reports on the company. Deutsche Bank AG reaffirmed a buy rating on shares of Johnson Matthey PLC in a research report on Wednesday, September 28th. Berenberg Bank lowered Johnson Matthey PLC to a hold rating and lifted their price target for the stock from GBX 3,250 ($40.22) to GBX 3,350 ($41.46) in a research report on Tuesday, August 2nd. Credit Suisse Group AG reaffirmed an outperform rating and issued a GBX 3,400 ($42.08) price target on shares of Johnson Matthey PLC in a research report on Wednesday, September 28th. JPMorgan Chase & Co. lifted their price target on Johnson Matthey PLC from GBX 2,750 ($34.03) to GBX 2,850 ($35.27) and gave the stock a neutral rating in a research report on Thursday, July 21st. Finally, Liberum Capital reissued a hold rating and issued a GBX 2,940 ($36.39) target price on shares of Johnson Matthey PLC in a research report on Wednesday, July 20th. Six analysts have rated the stock with a hold rating and five have given a buy rating to the company. Johnson Matthey PLC currently has an average rating of Hold and an average price target of GBX 3,184.55 ($39.41).
Johnson Matthey PLC (LON:JMAT) traded down 0.26% during mid-day trading on Tuesday, hitting GBX 3515.00. 205,795 shares of the stock traded hands. The firm’s 50-day moving average is GBX 3,309.78 and its 200 day moving average is GBX 3,060.37. Johnson Matthey PLC has a 52-week low of GBX 2,215.00 and a 52-week high of GBX 3,538.00. The firm’s market cap is GBX 6.74 billion.
In other Johnson Matthey PLC news, insider Farrant,Simon sold 3,577 shares of the business’s stock in a transaction on Monday, August 1st. The shares were sold at an average price of GBX 3,274 ($40.52), for a total transaction of £117,110.98 ($144,939.33). Also, insider Garner,Nicholas bought 9 shares of the business’s stock in a transaction on Wednesday, August 17th. The shares were purchased at an average cost of GBX 3,338 ($41.31) per share, with a total value of £300.42 ($371.81).
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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