Citigroup Inc. reissued their buy rating on shares of Johnson Matthey PLC (LON:JMAT) in a research report report published on Wednesday morning. The brokerage currently has a GBX 3,800 ($49.15) price objective on the stock.

Other equities research analysts have also issued research reports about the company. Deutsche Bank AG reissued a buy rating on shares of Johnson Matthey PLC in a research note on Monday, July 17th. Liberum Capital restated a hold rating and set a GBX 3,300 ($42.68) price objective on shares of Johnson Matthey PLC in a research report on Friday, July 28th. J P Morgan Chase & Co restated a neutral rating and set a GBX 3,200 ($41.39) price objective on shares of Johnson Matthey PLC in a research report on Friday, June 2nd. Finally, Barclays PLC upgraded Johnson Matthey PLC to an overweight rating and lifted their price objective for the stock from GBX 3,380 ($43.71) to GBX 3,450 ($44.62) in a research report on Wednesday, July 26th. One analyst has rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the company. Johnson Matthey PLC presently has an average rating of Hold and an average target price of GBX 3,418.45 ($44.21).

Johnson Matthey PLC (LON JMAT) opened at 2783.00 on Wednesday. The firm’s 50 day moving average price is GBX 2,808.19 and its 200-day moving average price is GBX 2,959.37. Johnson Matthey PLC has a one year low of GBX 2,677.68 and a one year high of GBX 3,568.00. The firm’s market cap is GBX 5.34 billion.

TRADEMARK VIOLATION NOTICE: “Johnson Matthey PLC’s (JMAT) “Buy” Rating Reaffirmed at Citigroup Inc.” was first published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this article on another domain, it was stolen and republished in violation of U.S. & international copyright law. The original version of this article can be viewed at https://www.thecerbatgem.com/2017/09/03/johnson-matthey-plcs-jmat-buy-rating-reaffirmed-at-citigroup-inc.html.

In related news, insider John Walker acquired 15 shares of the business’s stock in a transaction that occurred on Wednesday, July 19th. The stock was purchased at an average cost of GBX 2,881 ($37.26) per share, for a total transaction of £432.15 ($558.91). Also, insider Annette Kelleher acquired 12 shares of the business’s stock in a transaction that occurred on Wednesday, June 21st. The shares were bought at an average price of GBX 3,018 ($39.03) per share, with a total value of £362.16 ($468.39). Insiders have purchased a total of 2,710 shares of company stock valued at $7,553,921 over the last 90 days.

About Johnson Matthey PLC

Analyst Recommendations for Johnson Matthey PLC (LON:JMAT)

Receive News & Stock Ratings for Johnson Matthey PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Johnson Matthey PLC and related stocks with our FREE daily email newsletter.