Johnson Matthey PLC Given Average Rating of “Hold” by Brokerages (LON:JMAT)
Johnson Matthey PLC (LON:JMAT) has been given an average recommendation of “Hold” by the seventeen analysts that are currently covering the company, AnalystRatings.NET reports. One investment analyst has rated the stock with a sell recommendation, ten have assigned a hold recommendation and six have given a buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is GBX 3,210.27 ($54.07).
A number of analysts have recently weighed in on JMAT shares. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Johnson Matthey PLC in a research note on Thursday. They now have a GBX 3,900 ($65.69) price target on the stock. Separately, analysts at Kempen & Co reiterated a “hold” rating on shares of Johnson Matthey PLC in a research note on Wednesday. They now have a GBX 2,850 ($48.00) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Johnson Matthey PLC in a research note on Thursday, May 1st. They now have a GBX 3,470 ($58.45) price target on the stock.
Johnson Matthey PLC (LON:JMAT) traded down 1.10% on Friday, hitting GBX 3228.2002. 190,619 shares of the company’s stock traded hands. Johnson Matthey PLC has a one year low of GBX 2470.00 and a one year high of GBX 3452.00. The stock has a 50-day moving average of GBX 3249. and a 200-day moving average of GBX 3213.. The company’s market cap is £6.545 billion.
Johnson Matthey Plc is a global specialty chemicals company. It operates in five divisions: Emission Control Technologies, Process Technologies, Precious Metal Products, Fine Chemicals and New Businesses.
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