Johnson Matthey PLC Rating Reiterated by JPMorgan Chase & Co. (JMAT)
Johnson Matthey PLC (LON:JMAT)‘s stock had its “overweight” rating restated by stock analysts at JPMorgan Chase & Co. in a report issued on Monday. They currently have a GBX 3,850 ($63.89) target price on the stock. JPMorgan Chase & Co.’s price objective would suggest a potential upside of 21.91% from the company’s current price.
Shares of Johnson Matthey PLC (LON:JMAT) opened at 3174.55 on Monday. Johnson Matthey PLC has a 1-year low of GBX 2704.00 and a 1-year high of GBX 3452.00. The stock’s 50-day moving average is GBX 3043.57 and its 200-day moving average is GBX 3173.. The company’s market cap is £6.440 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Johnson Matthey PLC in a research note on Monday. They now have a GBX 3,642 ($60.44) price target on the stock. Separately, analysts at Goldman Sachs upgraded shares of Johnson Matthey PLC to a “conviction-buy” rating in a research note on Friday, August 15th. They now have a GBX 3,980 ($66.05) price target on the stock. Finally, analysts at Kempen & Co upgraded shares of Johnson Matthey PLC to a “buy” rating in a research note on Tuesday, August 12th. They now have a GBX 3,520 ($58.41) price target on the stock. One analyst has rated the stock with a sell rating, five have given a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of GBX 3,281.07 ($54.45).
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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