Johnson Matthey PLC (LON:JMAT) had its target price boosted by Deutsche Bank AG from GBX 3,600 ($48.41) to GBX 4,300 ($57.83) in a research report released on Friday. Deutsche Bank AG currently has a buy rating on the stock.

A number of other research analysts have also issued reports on the stock. Morgan Stanley upgraded shares of Johnson Matthey PLC to an overweight rating and upped their target price for the company from GBX 3,000 ($40.34) to GBX 3,500 ($47.07) in a report on Thursday, June 29th. Citigroup Inc. reaffirmed a buy rating and issued a GBX 3,800 ($51.10) price objective on shares of Johnson Matthey PLC in a research report on Wednesday, August 30th. Barclays PLC raised shares of Johnson Matthey PLC to an overweight rating and increased their price objective for the company from GBX 3,380 ($45.45) to GBX 3,450 ($46.40) in a research report on Wednesday, July 26th. UBS AG initiated coverage on shares of Johnson Matthey PLC in a research report on Monday, August 21st. They issued a sell rating and a GBX 2,650 ($35.64) price objective for the company. Finally, Liberum Capital reaffirmed a hold rating and issued a GBX 3,300 ($44.38) price objective on shares of Johnson Matthey PLC in a research report on Friday, July 28th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus price target of GBX 3,482.09 ($46.83).

Johnson Matthey PLC (LON JMAT) remained flat at GBX 3420.00 during midday trading on Friday. The stock had a trading volume of 690,662 shares. The firm’s market capitalization is GBX 6.56 billion. The stock has a 50 day moving average price of GBX 2,811.14 and a 200-day moving average price of GBX 2,941.08. Johnson Matthey PLC has a 12 month low of GBX 2,681.00 and a 12 month high of GBX 3,568.00.

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In other news, insider Robert MacLeod acquired 12 shares of Johnson Matthey PLC stock in a transaction that occurred on Wednesday, September 20th. The shares were purchased at an average cost of GBX 2,955 ($39.74) per share, for a total transaction of £354.60 ($476.87). Also, insider John Walker acquired 15 shares of Johnson Matthey PLC stock in a transaction that occurred on Wednesday, July 19th. The shares were purchased at an average price of GBX 2,881 ($38.74) per share, for a total transaction of £432.15 ($581.16). Over the last quarter, insiders have bought 2,710 shares of company stock valued at $7,553,165.

About Johnson Matthey PLC

Analyst Recommendations for Johnson Matthey PLC (LON:JMAT)

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