Brokerages Set $89.62 Price Target for Johnson Matthey PLC (JMPLY)

Johnson Matthey PLC (NASDAQ:JMPLY) has earned a consensus broker rating score of 1.00 (Strong Buy) from the two analysts that provide coverage for the stock, Zacks Investment Research reports. Two research analysts have rated the stock with a strong buy recommendation.

Brokers have set a 12 month consensus target price of $89.62 for the company, according to Zacks. Zacks has also assigned Johnson Matthey PLC an industry rank of 91 out of 265 based on the ratings given to related companies.

Several equities research analysts recently weighed in on JMPLY shares. Zacks Investment Research upgraded Johnson Matthey PLC from a “sell” rating to a “hold” rating in a research report on Tuesday, September 20th. Berenberg Bank cut Johnson Matthey PLC from a “buy” rating to a “hold” rating in a research note on Tuesday, August 2nd. Finally, Deutsche Bank AG reiterated a “buy” rating on shares of Johnson Matthey PLC in a research note on Wednesday, September 28th.

Johnson Matthey PLC (NASDAQ:JMPLY) opened at 87.00 on Friday. Johnson Matthey PLC has a 1-year low of $63.22 and a 1-year high of $93.11. The stock’s 50 day moving average price is $86.38 and its 200 day moving average price is $83.83. The company has a market cap of $8.34 billion and a P/E ratio of 20.63.

Johnson Matthey PLC Company Profile

5 Day Chart for NASDAQ:JMPLY

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