Johnson Matthey PLC Stock Rating Reaffirmed by Deutsche Bank (JMAT)
Johnson Matthey PLC (LON:JMAT)‘s stock had its “buy” rating reaffirmed by investment analysts at Deutsche Bank in a note issued to investors on Friday. They currently have a GBX 3,650 ($62.17) target price on the stock. Deutsche Bank’s price target would indicate a potential upside of 14.78% from the stock’s previous close.
JMAT has been the subject of a number of other recent research reports. Analysts at Numis Securities Ltd reiterated an “add” rating on shares of Johnson Matthey PLC in a research note on Tuesday. They now have a GBX 3,642 ($62.03) 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 analyst has rated the stock with a sell rating, nine have given a hold rating and six have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of GBX 3,237.57 ($55.15).
Shares of Johnson Matthey PLC (LON:JMAT) opened at 3178.00 on Friday. Johnson Matthey PLC has a one year low of GBX 2676.00 and a one year high of GBX 3452.00. The stock’s 50-day moving average is GBX 3202.59 and its 200-day moving average is GBX 3238.37. The company’s market cap is £6.447 billion.
The company also recently declared a dividend, which is scheduled for Tuesday, August 5th. Stockholders 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 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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