Credit Suisse Group AG reiterated their outperform rating on shares of Johnson Matthey PLC (LON:JMAT) in a report published on Thursday. Credit Suisse Group AG currently has a GBX 3,400 ($41.44) target price on the stock.
A number of other research firms have also weighed in on JMAT. Numis Securities Ltd raised their price target on shares of Johnson Matthey PLC from GBX 3,394 ($41.37) to GBX 3,711 ($45.23) and gave the company a hold rating in a report on Tuesday, October 11th. Deutsche Bank AG reaffirmed a buy rating on shares of Johnson Matthey PLC in a report on Tuesday, September 6th. Berenberg Bank lowered shares of Johnson Matthey PLC to a hold rating and raised their price target for the company from GBX 3,250 ($39.61) to GBX 3,350 ($40.83) in a report on Tuesday, August 2nd. JPMorgan Chase & Co. raised their price target on shares of Johnson Matthey PLC from GBX 2,750 ($33.52) to GBX 2,850 ($34.73) and gave the company a neutral rating in a report on Thursday, July 21st. Finally, Liberum Capital reaffirmed a hold rating and set a GBX 2,940 ($35.83) price target on shares of Johnson Matthey PLC in a report on Wednesday, July 20th. Six equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average target price of GBX 3,184.55 ($38.81).
Johnson Matthey PLC (LON:JMAT) opened at 3505.00 on Thursday. The company has a 50-day moving average of GBX 3,324.49 and a 200-day moving average of GBX 3,069.54. The stock’s market capitalization is GBX 6.72 billion. Johnson Matthey PLC has a 52 week low of GBX 2,215.00 and a 52 week high of GBX 3,568.00.
In related news, insider Farrant,Simon sold 3,577 shares of Johnson Matthey PLC stock in a transaction dated Monday, August 1st. The shares were sold at an average price of GBX 3,274 ($39.90), for a total value of £117,110.98 ($142,731.24). Also, insider Garner,Nicholas acquired 9 shares of the business’s stock in a transaction that occurred on Wednesday, August 17th. The stock was purchased at an average price of GBX 3,338 ($40.68) per share, for a total transaction of £300.42 ($366.14).
Johnson Matthey PLC Company Profile
Johnson Matthey PLC is a specialty chemicals company. The Company operates in five divisions: Emission Control Technologies, Process Technologies, Precious Metal Products, Fine Chemicals and New Businesses. Emission Control Technologies is a manufacturer of catalysts and catalyst systems for vehicles and industry.
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