Johnson Matthey PLC (JMAT) Receives Hold Rating from Liberum Capital
Johnson Matthey PLC (LON:JMAT)‘s stock had its “hold” rating restated by equities research analysts at Liberum Capital in a report released on Thursday. They presently have a GBX 3,400 ($43.91) price objective on the stock. Liberum Capital’s price target points to a potential upside of 19.97% from the stock’s current price.
Other analysts have also issued research reports about the company. UBS AG lowered Johnson Matthey PLC to a “sell” rating and decreased their price target for the company from GBX 3,300 ($42.62) to GBX 2,750 ($35.52) in a report on Friday, May 19th. Morgan Stanley upgraded Johnson Matthey PLC to an “overweight” rating and increased their price target for the company from GBX 3,000 ($38.74) to GBX 3,500 ($45.20) in a report on Thursday, June 29th. Deutsche Bank AG restated a “buy” rating on shares of Johnson Matthey PLC in a report on Monday, July 17th. J P Morgan Chase & Co restated a “neutral” rating and set a GBX 3,200 ($41.33) price target on shares of Johnson Matthey PLC in a report on Thursday, June 8th. Finally, Citigroup Inc. restated a “buy” rating and set a GBX 3,800 ($49.08) price target on shares of Johnson Matthey PLC in a report on Wednesday, August 30th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the stock. Johnson Matthey PLC currently has a consensus rating of “Hold” and a consensus price target of GBX 3,427.55 ($44.27).
Johnson Matthey PLC (LON:JMAT) opened at 2840.00 on Thursday. The company’s market capitalization is GBX 5.45 billion. The firm’s 50-day moving average is GBX 2,806.95 and its 200-day moving average is GBX 2,951.65. Johnson Matthey PLC has a 12 month low of GBX 2,677.68 and a 12 month high of GBX 3,568.00.
In other Johnson Matthey PLC news, insider Annette Kelleher acquired 12 shares of the business’s stock in a transaction on Wednesday, August 16th. The shares were bought at an average price of GBX 2,757 ($35.61) per share, with a total value of £330.84 ($427.28). Also, insider John Walker acquired 15 shares of the business’s stock in a transaction on Wednesday, July 19th. The stock was acquired at an average cost of GBX 2,881 ($37.21) per share, for a total transaction of £432.15 ($558.12). Insiders acquired a total of 2,710 shares of company stock worth $7,553,921 in the last ninety days.
Johnson Matthey PLC Company Profile
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