Johnson Matthey (LON:JMAT) Insider Liam Condon Acquires 10,951 Shares of Stock

Johnson Matthey PLC (LON:JMAT) insider Liam Condon acquired 10,951 shares of the company’s stock in a transaction dated Friday, September 11th. The shares were acquired at an average price of GBX 2,306 per share, for a total transaction of £252,530.06.

Liam Condon also recently made the following trade(s):

• On Friday, July 10th, Liam Condon bought 14 shares of Johnson Matthey stock. The shares were bought at an average price of GBX 1,909 per share, with a total value of £267.26.

Johnson Matthey Stock Down 1.4%

Shares of LON:JMAT traded down GBX 31.87 on Monday, reaching GBX 2,214. The company had a trading volume of 714,881 shares, compared to its average volume of 2,051,367. The firm has a market capitalization of £2.79 billion, a PE ratio of -29.03, a PEG ratio of 49,242.50 and a beta of 0.94. The company has a current ratio of 1.56, a quick ratio of 0.76 and a debt-to-equity ratio of 69.69. Johnson Matthey PLC has a 52-week low of GBX 2,192 and a 52-week high of GBX 3,245.33. The firm’s 50 day simple moving average is GBX 2,112.39 and its 200-day simple moving average is GBX 2,055.82.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. UBS Group reiterated a “neutral” rating and issued a GBX 2,200 target price on shares of Johnson Matthey in a report on Friday, May 22nd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 2,400 price objective on shares of Johnson Matthey in a research report on Monday, July 6th. Jefferies Financial Group reiterated a “buy” rating and set a GBX 2,330 price objective on shares of Johnson Matthey in a research note on Tuesday, August 4th. Finally, Berenberg Bank raised their target price on shares of Johnson Matthey from GBX 2,100 to GBX 2,300 and gave the company a “buy” rating in a research note on Monday, June 1st. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of GBX 2,283.33.

About Johnson Matthey

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. Today more than 13,000 Johnson Matthey professionals collaborate with their network of customers and partners to make a real difference to the world around us.