Johnson Matthey’s “Overweight” Rating Reaffirmed at JPMorgan Chase & Co. (JMAT)
Johnson Matthey (LON:JMAT)‘s stock had its “overweight” rating restated by equities researchers at JPMorgan Chase & Co. in a research report issued on Friday, Stock Ratings Network reports. They currently have a GBX 4,040 ($66.57) price target on the stock. JPMorgan Chase & Co.’s price target indicates a potential upside of 25.04% from the company’s current price.
A number of other analysts have also recently weighed in on JMAT. Analysts at Liberum Capital reiterated a “buy” rating on shares of Johnson Matthey in a research note to investors on Friday. They now have a GBX 3,500 ($57.67) 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 Friday. They now have a GBX 3,500 ($57.67) price target on the stock. Finally, 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. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and eight have given a buy rating to the company. Johnson Matthey currently has an average rating of “Hold” and a consensus price target 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’s 50-day moving average is GBX 3284.08 and its 200-day moving average is 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.
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