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Johnson Matthey (LON:JMAT)‘s stock had its “buy” rating reiterated by stock analysts at Deutsche Bank in a report issued on Tuesday, American Banking and Market News reports. They currently have a GBX 3,650 ($59.91) price objective on the stock. Deutsche Bank’s price target indicates a potential upside of 6.10% from the stock’s previous close.

Shares of Johnson Matthey (LON:JMAT) traded up 2.53% on Tuesday, hitting GBX 3440.0002. 324,010 shares of the company’s stock traded hands. Johnson Matthey has a 52-week low of GBX 2193.00 and a 52-week high of GBX 3451.00. The stock has a 50-day moving average of GBX 3253.64 and a 200-day moving average of GBX 2997.. The company’s market cap is £6.975 billion.

Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse reiterated a “neutral” rating on shares of Johnson Matthey in a research note to investors on Thursday, January 16th. They now have a GBX 2,900 ($47.60) 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 Wednesday, December 18th. They now have a GBX 3,500 ($57.45) 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 Monday, December 9th. They now have a GBX 3,500 ($57.45) price target on the stock. One research analyst has rated the stock with a sell rating, eight have given a hold rating and eight have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of GBX 3,219.07 ($52.84).

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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