Johnson Matthey Plc (LON:JMAT) posted its earnings results on Tuesday. The company reported GBX 99.80 ($1.31) earnings per share for the quarter, missing analysts’ consensus estimates of GBX 100.10 ($1.32) by GBX (0.30) ($0.00), Bloomberg Earnings reports. The business had revenue of £647.83 billion for the quarter. Johnson Matthey Plc had a return on equity of 20.36% and a net margin of 3.24%.

Johnson Matthey Plc (LON JMAT) traded down GBX 73 ($0.96) on Thursday, reaching GBX 3,068 ($40.35). The company had a trading volume of 715,599 shares, compared to its average volume of 568,867. Johnson Matthey Plc has a twelve month low of GBX 2,681 ($35.26) and a twelve month high of GBX 3,511 ($46.18).

In related news, insider Robert MacLeod bought 12 shares of the business’s stock in a transaction dated Wednesday, September 20th. The stock was purchased at an average cost of GBX 2,955 ($38.87) per share, for a total transaction of £354.60 ($466.39). Also, insider John Walker bought 9 shares of the business’s stock in a transaction dated Wednesday, October 18th. The shares were bought at an average price of GBX 3,393 ($44.63) per share, with a total value of £305.37 ($401.64). Insiders purchased a total of 33 shares of company stock valued at $105,645 over the last 90 days.

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A number of research analysts recently weighed in on JMAT shares. Deutsche Bank AG boosted their target price on Johnson Matthey Plc from GBX 3,600 ($47.35) to GBX 4,300 ($56.56) and gave the stock a “buy” rating in a report on Friday, September 29th. Citigroup Inc. reissued a “buy” rating and set a GBX 3,800 ($49.98) target price on shares of Johnson Matthey Plc in a report on Wednesday, August 30th. Liberum Capital reissued a “hold” rating and set a GBX 3,300 ($43.40) target price on shares of Johnson Matthey Plc in a report on Friday, July 28th. Finally, J P Morgan Chase & Co reissued a “neutral” rating and set a GBX 3,200 ($42.09) target price on shares of Johnson Matthey Plc in a report on Monday, July 31st. One analyst has rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating to the company. Johnson Matthey Plc presently has a consensus rating of “Hold” and an average target price of GBX 3,578.30 ($47.06).

About Johnson Matthey Plc

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