Johnson Matthey Stock Rating Reaffirmed by Credit Suisse (JMAT)
Johnson Matthey (LON:JMAT)‘s stock had its “neutral” rating reiterated by equities research analysts at Credit Suisse in a research note issued to investors on Wednesday, StockRatingsNetwork.com reports. They currently have a GBX 2,900 ($46.53) target price on the stock. Credit Suisse’s price target suggests a potential upside of 4.88% from the stock’s previous close.
A number of other analysts have also recently weighed in on JMAT. Analysts at Bank of America Corp. reiterated a “buy” rating on shares of Johnson Matthey in a research note to investors on Wednesday. They now have a GBX 2,950 ($47.33) price target on the stock. Separately, analysts at BNP Paribas reiterated an “outperform” rating on shares of Johnson Matthey in a research note to investors on Tuesday. They now have a GBX 3,300 ($52.94) price target on the stock. Finally, analysts at Liberum Capital reiterated a “buy” rating on shares of Johnson Matthey in a research note to investors on Thursday, October 3rd. They now have a GBX 3,000 ($48.13) price target on the stock. One analyst has rated the stock with a sell rating, ten have given a hold rating and six have assigned a buy rating to the company. Johnson Matthey currently has an average rating of “Hold” and an average target price of GBX 2,902.57 ($46.57).
Johnson Matthey (LON:JMAT) traded down 1.81% on Wednesday, hitting GBX 2715.00. 286,041 shares of the company’s stock traded hands. Johnson Matthey has a 52-week low of GBX 2150.00 and a 52-week high of GBX 3015.00. The stock has a 50-day moving average of GBX 2864. and a 200-day moving average of GBX 2617.. The company’s market cap is £5.502 billion.
Johnson Matthey Plc is a global specialty chemicals company operating in three divisions: Environmental Technologies, Precious Metal Products and Fine Chemicals.
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