Johnson Matthey’s Neutral Rating Reaffirmed at Goldman Sachs (JMAT)
Johnson Matthey (LON:JMAT)‘s stock had its “neutral” rating reiterated by analysts at Goldman Sachs in a research report issued to clients and investors on Monday, ARN reports. They currently have a GBX 3,600 ($59.06) price objective on the stock. Goldman Sachs’ price target suggests a potential upside of 13.28% from the company’s current price.
Johnson Matthey (LON:JMAT) traded down 0.06% during mid-day trading on Monday, hitting GBX 3178.00. The stock had a trading volume of 371,077 shares. Johnson Matthey has a 52-week low of GBX 2193.00 and a 52-week high of GBX 3452.00. The stock has a 50-day moving average of GBX 3289.81 and a 200-day moving average of GBX 3039.. The company’s market cap is £6.443 billion.
A number of other analysts have also recently weighed in on JMAT. Analysts at Berenberg Bank reiterated a “hold” rating on shares of Johnson Matthey in a research note to investors on Wednesday, February 5th. They now have a GBX 2,900 ($47.58) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Johnson Matthey in a research note to investors on Monday, February 3rd. They now have a GBX 3,382 ($55.49) price target on the stock. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of Johnson Matthey in a research note to investors on Friday, January 31st. They now have a GBX 2,900 ($47.58) price target on the stock. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and seven have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 3,229.07 ($52.98).
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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