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

Shares of Johnson Matthey PLC (LON:JMAT) have earned a consensus recommendation of “Moderate Buy” from the six research firms that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating, three have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is GBX 2,010 ($25.02).

JMAT has been the topic of several recent analyst reports. Numis Securities reissued a “buy” rating and set a GBX 2,200 ($27.39) target price on shares of Johnson Matthey in a research note on Wednesday, March 20th. Jefferies Financial Group reissued a “buy” rating and set a GBX 2,100 ($26.14) target price on shares of Johnson Matthey in a research note on Wednesday, March 20th. Finally, Berenberg Bank raised their price target on Johnson Matthey from GBX 1,650 ($20.54) to GBX 1,800 ($22.41) and gave the company a “hold” rating in a report on Monday, April 8th.

Johnson Matthey Stock Up 0.6 %

Shares of JMAT opened at GBX 1,764 ($21.96) on Friday. The business’s 50 day moving average is GBX 1,702.30 and its 200 day moving average is GBX 1,625.82. The company has a market capitalization of £3.24 billion, a PE ratio of 1,837.50, a price-to-earnings-growth ratio of 49,242.50 and a beta of 0.98. Johnson Matthey has a 12-month low of GBX 1,428.50 ($17.78) and a 12-month high of GBX 1,984 ($24.70). The company has a current ratio of 1.51, a quick ratio of 0.76 and a debt-to-equity ratio of 63.95.

Insider Buying and Selling at Johnson Matthey

In related news, insider Liam Condon bought 24 shares of the company’s stock in a transaction dated Wednesday, April 17th. The stock was purchased at an average price of GBX 1,767 ($22.00) per share, for a total transaction of £424.08 ($527.92). In related news, insider Liam Condon bought 24 shares of the company’s stock in a transaction dated Wednesday, April 17th. The stock was purchased at an average price of GBX 1,767 ($22.00) per share, for a total transaction of £424.08 ($527.92). Also, insider Stephen Oxley bought 18 shares of the company’s stock in a transaction dated Wednesday, March 20th. The stock was bought at an average price of GBX 1,864 ($23.20) per share, with a total value of £335.52 ($417.68). Insiders bought 66 shares of company stock worth $114,288 in the last quarter. 0.60% of the stock is owned by corporate insiders.

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.