Johnson Matthey PLC (LON:JMAT) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Johnson Matthey PLC (LON:JMATGet Free Report) have been assigned an average rating of “Moderate Buy” from the six ratings firms that are presently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is GBX 2,283.33.

JMAT has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft reiterated 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 reissued a “buy” rating and issued a GBX 2,330 price target on shares of Johnson Matthey in a research note on Tuesday, August 4th. Berenberg Bank upped their price objective on shares of Johnson Matthey from GBX 2,100 to GBX 2,300 and gave the stock a “buy” rating in a report on Monday, June 1st. Finally, UBS Group reissued a “neutral” rating and issued a GBX 2,200 price objective on shares of Johnson Matthey in a research note on Friday, May 22nd.

View Our Latest Analysis on Johnson Matthey

Johnson Matthey Trading Up 0.1%

Shares of JMAT stock opened at GBX 2,259.89 on Monday. Johnson Matthey has a twelve month low of GBX 2,218 and a twelve month high of GBX 3,245.33. The stock has a market cap of £3.79 billion, a price-to-earnings ratio of -39.51, a PEG ratio of 49,242.50 and a beta of 0.94. The company’s 50-day moving average price is GBX 2,076.57 and its 200-day moving average price is GBX 2,055.26. The company has a current ratio of 1.56, a quick ratio of 0.76 and a debt-to-equity ratio of 69.69.

Insiders Place Their Bets

In related news, insider Richard Pike bought 14 shares of the firm’s stock in a transaction that occurred on Wednesday, June 10th. The stock was purchased at an average cost of GBX 1,990 per share, for a total transaction of £278.60. Also, insider Alastair Judge bought 14 shares of the business’s stock in a transaction that occurred on Wednesday, June 10th. The shares were purchased at an average price of GBX 1,990 per share, for a total transaction of £278.60. Insiders acquired a total of 90 shares of company stock worth $178,458 over the last 90 days. Corporate insiders own 0.58% of the company’s stock.

About Johnson Matthey

(Get Free Report)

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.

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Analyst Recommendations for Johnson Matthey (LON:JMAT)

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