Johnson Matthey PLC (JMAT) Given Average Rating of “Hold” by Analysts
Shares of Johnson Matthey PLC (LON:JMAT) have received an average recommendation of “Hold” from the eleven analysts that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and six have issued a buy recommendation on the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is GBX 3,427.55 ($44.27).
Several equities analysts have recently weighed in on JMAT shares. Morgan Stanley raised shares of Johnson Matthey PLC to an “overweight” rating and lifted their target price 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 reaffirmed a “buy” rating on shares of Johnson Matthey PLC in a report on Monday, May 22nd. Barclays PLC raised shares of Johnson Matthey PLC to an “overweight” rating and lifted their target price for the company from GBX 3,380 ($43.65) to GBX 3,450 ($44.56) in a report on Wednesday, July 26th. UBS AG started coverage on shares of Johnson Matthey PLC in a report on Monday, August 21st. They set a “sell” rating and a GBX 2,650 ($34.22) target price for the company. Finally, Liberum Capital reaffirmed a “hold” rating and set a GBX 3,300 ($42.62) target price on shares of Johnson Matthey PLC in a report on Friday, July 28th.
Johnson Matthey PLC (LON JMAT) opened at 2864.00 on Tuesday. The company’s 50 day moving average is GBX 2,806.11 and its 200-day moving average is GBX 2,948.16. Johnson Matthey PLC has a 12 month low of GBX 2,681.00 and a 12 month high of GBX 3,568.00. The company’s market cap is GBX 5.49 billion.
In other Johnson Matthey PLC news, insider Annette Kelleher bought 12 shares of the stock in a transaction on Wednesday, June 21st. The shares were bought at an average price of GBX 3,018 ($38.98) per share, with a total value of £362.16 ($467.73). Also, insider Robert MacLeod sold 1,219 shares of Johnson Matthey PLC stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of GBX 2,775 ($35.84), for a total transaction of £33,827.25 ($43,687.52). In the last three months, insiders purchased 2,710 shares of company stock valued at $7,553,921.
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About Johnson Matthey PLC
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