Johnson Matthey PLC Receives “Buy” Rating from Numis Securities Ltd (JMAT)
Johnson Matthey PLC (LON:JMAT)‘s stock had its “buy” rating reaffirmed by equities researchers at Numis Securities Ltd in a research report issued on Friday. They currently have a GBX 3,642 ($61.84) price objective on the stock. Numis Securities Ltd’s price target indicates a potential upside of 26.28% from the stock’s previous close.
Johnson Matthey PLC (LON:JMAT) traded down 2.53% on Friday, hitting GBX 2884.00. The stock had a trading volume of 631,266 shares. Johnson Matthey PLC has a one year low of GBX 2704.00 and a one year high of GBX 3452.00. The stock’s 50-day moving average is GBX 3072.57 and its 200-day moving average is GBX 3208.41. The company’s market cap is £5.850 billion.
A number of other firms have also recently commented on JMAT. Analysts at Credit Suisse reiterated a “neutral” rating on shares of Johnson Matthey PLC in a research note on Friday, July 25th. They now have a GBX 3,000 ($50.94) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Johnson Matthey PLC in a research note on Wednesday, July 23rd. They now have a GBX 3,650 ($61.98) price target on the stock. Finally, analysts at Liberum Capital reiterated a “hold” rating on shares of Johnson Matthey PLC in a research note on Wednesday, July 23rd. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the company. The company has an average rating of “Hold” and an average price target of GBX 3,234 ($54.92).
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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