Johnson Matthey PLC (JMAT) Plans Dividend of GBX 45.50
Johnson Matthey PLC (LON:JMAT) declared a dividend on Thursday, June 5th, American Banking & Market News reports. Stockholders of record on Wednesday, June 11th will be given a dividend of GBX 45.50 ($0.76) per share on Tuesday, August 5th. This represents a yield of 1.41%. The ex-dividend date of this dividend is Wednesday, June 11th. The official announcement can be seen at this link.
Several analysts have recently commented on the stock. Analysts at Credit Suisse reiterated a “neutral” rating on shares of Johnson Matthey PLC in a research note on Thursday. They now have a GBX 3,000 ($50.29) price target on the stock. On a related note, analysts at Deutsche Bank reiterated a “buy” rating on shares of Johnson Matthey PLC in a research note on Thursday. They now have a GBX 3,650 ($61.19) price target on the stock. Finally, analysts at JPMorgan Chase & Co. cut their price target on shares of Johnson Matthey PLC from GBX 3,900 ($65.38) to GBX 3,850 ($64.54) in a research note on Thursday. They now have an “overweight” rating on the stock. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and six have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 3,232.27 ($54.19).
Shares of Johnson Matthey PLC (LON:JMAT) traded down 1.01% during mid-day trading on Thursday, hitting GBX 3225.00. The stock had a trading volume of 486,612 shares. Johnson Matthey PLC has a 1-year low of GBX 2470.00 and a 1-year high of GBX 3452.00. The stock has a 50-day moving average of GBX 3270.63 and a 200-day moving average of GBX 3240.56. The company’s market cap is £6.539 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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