Johnson Matthey Rating Reiterated by BNP Paribas (JMAT)
Johnson Matthey (LON:JMAT)‘s stock had its “outperform” rating restated by investment analysts at BNP Paribas in a note issued to investors on Friday, Stock Ratings News reports. They currently have a GBX 3,500 ($57.67) price target on the stock. BNP Paribas’ price target suggests a potential upside of 8.33% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Johnson Matthey in a research note to investors on Friday. They now have a GBX 3,650 ($60.14) price target on the stock. Separately, analysts at Berenberg Bank raised their price target on shares of Johnson Matthey from GBX 2,800 ($46.14) to GBX 2,900 ($47.78) in a research note to investors on Tuesday. They now have a “hold” rating on the stock. Finally, analysts at HSBC raised their price target on shares of Johnson Matthey from GBX 3,450 ($56.85) to GBX 3,750 ($61.79) in a research note to investors on Wednesday, January 22nd. They now have a “neutral” rating on the stock. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and eight have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of GBX 3,225.73 ($53.15).
Shares of Johnson Matthey (LON:JMAT) opened at 3231.0002 on Friday. Johnson Matthey has a 1-year low of GBX 2193.00 and a 1-year high of GBX 3452.00. The stock has a 50-day moving average of GBX 3284.08 and a 200-day moving average of GBX 3017.93. The company’s market cap is £6.551 billion.
Johnson Matthey Plc is a global specialty chemicals company operating in three divisions: Environmental Technologies, Precious Metal Products and Fine Chemicals.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.