Johnson Matthey (LON:JMAT) PT Raised to GBX 1,800 at Berenberg Bank

Johnson Matthey (LON:JMAT) had its price objective hoisted by Berenberg Bank from GBX 1,650 ($20.88) to GBX 1,800 ($22.78) in a research note released on Monday morning, Marketbeat Ratings reports. Berenberg Bank currently has a hold rating on the stock.

A number of other equities research analysts have also recently commented on the stock. Jefferies Financial Group restated a buy rating and issued a GBX 2,100 ($26.58) price target on shares of Johnson Matthey in a report on Wednesday, March 20th. Numis Securities reiterated a buy rating and set a GBX 2,200 ($27.84) price objective on shares of Johnson Matthey in a report on Wednesday, March 20th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Johnson Matthey currently has an average rating of Moderate Buy and an average target price of GBX 2,010 ($25.44).

Johnson Matthey Trading Up 0.3 %

LON:JMAT opened at GBX 1,784 ($22.58) on Monday. The company has a current ratio of 1.51, a quick ratio of 0.76 and a debt-to-equity ratio of 63.95. The stock has a market capitalization of £3.27 billion, a price-to-earnings ratio of 1,839.18, a PEG ratio of 49,242.50 and a beta of 0.96. The firm has a fifty day simple moving average of GBX 1,684.23 and a two-hundred day simple moving average of GBX 1,620.49. Johnson Matthey has a 12 month low of GBX 1,428.50 ($18.08) and a 12 month high of GBX 1,999 ($25.30).

Insider Activity at Johnson Matthey

In other news, insider Stephen Oxley purchased 18 shares of the company’s stock in a transaction that occurred on Wednesday, March 20th. The shares were bought at an average cost of GBX 1,864 ($23.59) per share, with a total value of £335.52 ($424.66). Insiders have bought 66 shares of company stock valued at $109,920 over the last ninety days. Corporate insiders own 0.57% of the company’s stock.

Johnson Matthey Company Profile

Johnson Matthey is a global leader in science that enables a cleaner and healthier world. With over 200 years of sustained commitment to innovation and technological breakthroughs, they improve the function, performance and safety of their customers’ products. Their science has a global impact in areas such as low emission transport, pharmaceuticals, chemical processing and making the most efficient use of the planet’s natural resources.