Johnson Matthey PLC Stock Rating Reaffirmed by Credit Suisse (JMAT)
Johnson Matthey PLC (LON:JMAT)‘s stock had its “neutral” rating reiterated by equities research analysts at Credit Suisse in a research note issued to investors on Friday. They currently have a GBX 3,000 ($51.26) price target on the stock. Credit Suisse’s price target points to a potential downside of 1.38% 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 Wednesday. They now have a GBX 3,650 ($62.37) 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 Wednesday. Finally, analysts at Numis Securities Ltd upgraded shares of Johnson Matthey PLC to a “buy” rating in a research note on Tuesday. They now have a GBX 3,642 ($62.24) price target on the stock. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the stock. Johnson Matthey PLC has an average rating of “Hold” and an average target price of GBX 3,234 ($55.26).
Johnson Matthey PLC (LON:JMAT) opened at 3042.00 on Friday. Johnson Matthey PLC has a 52-week low of GBX 2704.00 and a 52-week high of GBX 3452.00. The stock has a 50-day moving average of GBX 3111. and a 200-day moving average of GBX 3219.. The company’s market cap is £6.171 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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