Johnson Matthey PLC (JMAT) Given New GBX 3,200 Price Target at JPMorgan Chase & Co.
Johnson Matthey PLC (LON:JMAT) had its price target lifted by JPMorgan Chase & Co. from GBX 3,000 ($37.48) to GBX 3,200 ($39.98) in a report released on Friday. JPMorgan Chase & Co. currently has a neutral rating on the stock.
JMAT has been the topic of several other reports. Credit Suisse Group AG reaffirmed an outperform rating and issued a GBX 3,400 ($42.48) price target on shares of Johnson Matthey PLC in a report on Friday. Deutsche Bank AG reissued a buy rating on shares of Johnson Matthey PLC in a report on Tuesday, September 6th. Numis Securities Ltd increased their target price on shares of Johnson Matthey PLC from GBX 3,394 ($42.40) to GBX 3,711 ($46.36) and gave the stock a hold rating in a report on Tuesday, October 11th. Jefferies Group reissued a buy rating and set a GBX 3,650 ($45.60) target price on shares of Johnson Matthey PLC in a report on Friday. Finally, Berenberg Bank cut shares of Johnson Matthey PLC to a hold rating and increased their target price for the stock from GBX 3,250 ($40.60) to GBX 3,350 ($41.85) in a report on Tuesday, August 2nd. Six investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus target price of GBX 3,230.01 ($40.35).
Shares of Johnson Matthey PLC (LON:JMAT) traded down 0.92% on Friday, reaching GBX 3217.00. 483,775 shares of the company’s stock traded hands. The company has a 50 day moving average of GBX 3,388.50 and a 200-day moving average of GBX 3,167.28. The stock’s market capitalization is GBX 6.17 billion. Johnson Matthey PLC has a 52 week low of GBX 2,215.00 and a 52 week high of GBX 3,568.00.
The firm also recently disclosed a dividend, which will be paid on Tuesday, February 7th. Stockholders of record on Thursday, November 24th will be given a dividend of GBX 20.50 ($0.26) per share. The ex-dividend date of this dividend is Thursday, November 24th. This represents a dividend yield of 0.64%.
In other news, insider John Walker acquired 12 shares of Johnson Matthey PLC stock in a transaction on Wednesday, October 19th. The stock was bought at an average cost of GBX 3,470 ($43.35) per share, with a total value of £416.40 ($520.24).
About Johnson Matthey PLC
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