Credit Suisse Group AG reiterated their outperform rating on shares of Johnson Matthey PLC (LON:JMAT) in a research report sent to investors on Wednesday morning. Credit Suisse Group AG currently has a GBX 3,400 ($44.38) price objective on the stock.
A number of other research analysts also recently weighed in on JMAT. BNP Paribas reiterated a neutral rating and set a GBX 2,500 ($32.63) price target on shares of Johnson Matthey PLC in a report on Tuesday, May 31st. Deutsche Bank AG lifted their price target on Johnson Matthey PLC from GBX 3,400 ($44.38) to GBX 3,450 ($45.03) and gave the company a buy rating in a report on Friday, June 3rd. JPMorgan Chase & Co. reiterated a neutral rating and set a GBX 2,750 ($35.90) price target on shares of Johnson Matthey PLC in a report on Friday, June 3rd. Berenberg Bank reiterated a neutral rating and set a GBX 2,880 ($37.59) price target on shares of Johnson Matthey PLC in a report on Tuesday, June 7th. Finally, Liberum Capital reiterated a hold rating and set a GBX 2,940 ($38.38) price target on shares of Johnson Matthey PLC in a report on Friday, June 10th. Six research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company has an average rating of Hold and an average target price of GBX 3,155.73 ($41.19).
Shares of Johnson Matthey PLC (LON:JMAT) opened at 3372.00 on Wednesday. The firm’s market cap is GBX 6.47 billion. The firm’s 50-day moving average price is GBX 3,287.25 and its 200-day moving average price is GBX 3,024.84. Johnson Matthey PLC has a 52 week low of GBX 2,215.00 and a 52 week high of GBX 3,390.00.
In other Johnson Matthey PLC news, insider Farrant,Simon sold 3,577 shares of the business’s stock in a transaction dated Monday, August 1st. The stock was sold at an average price of GBX 3,274 ($42.74), for a total value of £117,110.98 ($152,866.44). Also, insider Garner,Nicholas acquired 12 shares of the business’s stock in a transaction that occurred on Wednesday, July 20th. The shares were acquired at an average cost of GBX 3,189 ($41.63) per share, with a total value of £382.68 ($499.52).
About Johnson Matthey PLC
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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