Johnson Matthey PLC’s “Add” Rating Reaffirmed at Numis Securities Ltd (JMAT)
Johnson Matthey PLC (LON:JMAT)‘s stock had its “add” rating reiterated by analysts at Numis Securities Ltd in a research report issued to clients and investors on Tuesday. They currently have a GBX 3,642 ($62.03) target price on the stock. Numis Securities Ltd’s target price would indicate a potential upside of 17.48% from the stock’s previous close.
A number of other analysts have also recently weighed in on JMAT. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Johnson Matthey PLC in a research note on Tuesday, June 24th. They now have a GBX 3,650 ($62.17) price target on the stock. Separately, analysts at Liberum Capital reiterated a “hold” rating on shares of Johnson Matthey PLC in a research note on Friday, June 20th. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of Johnson Matthey PLC in a research note on Thursday, June 19th. They now have a GBX 3,000 ($51.10) price target on the stock. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of GBX 3,237.57 ($55.15).
Johnson Matthey PLC (LON:JMAT) opened at 3125.00 on Tuesday. Johnson Matthey PLC has a 1-year low of GBX 2616.00 and a 1-year high of GBX 3452.00. The stock’s 50-day moving average is GBX 3210.92 and its 200-day moving average is GBX 3238.64. The company’s market cap is £6.339 billion.
The company also recently declared a dividend, which is scheduled for Tuesday, August 5th. Shareholders of record on Wednesday, June 11th will be given a dividend of GBX 45.50 ($0.77) per share. This represents a yield of 1.41%. The ex-dividend date of this dividend is Wednesday, June 11th.
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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