Numis Securities Ltd Boosts Johnson Matthey PLC (JMAT) Price Target to GBX 3,711
Johnson Matthey PLC (LON:JMAT) had its price target boosted by Numis Securities Ltd from GBX 3,394 ($42.00) to GBX 3,711 ($45.93) in a research report issued on Tuesday. The firm presently has a “hold” rating on the stock. Numis Securities Ltd’s target price would indicate a potential upside of 6.03% from the company’s previous close.
JMAT has been the subject of a number of other research reports. Deutsche Bank AG reaffirmed a “buy” rating on shares of Johnson Matthey PLC in a research note on Tuesday, September 6th. Credit Suisse Group AG reiterated an “outperform” rating and issued a GBX 3,400 ($42.08) target price on shares of Johnson Matthey PLC in a research report on Wednesday, September 28th. Liberum Capital reiterated a “hold” rating and issued a GBX 2,940 ($36.39) target price on shares of Johnson Matthey PLC in a research report on Wednesday, July 20th. Jefferies Group increased their target price on shares of Johnson Matthey PLC from GBX 3,615 ($44.74) to GBX 3,650 ($45.17) and gave the stock a “buy” rating in a research report on Thursday, June 16th. Finally, Berenberg Bank cut their target price on shares of Johnson Matthey PLC from GBX 3,865 ($47.83) to GBX 3,250 ($40.22) and set a “buy” rating for the company in a research report on Friday, July 1st. Six investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. Johnson Matthey PLC has an average rating of “Hold” and a consensus target price of GBX 3,184.55 ($39.41).
Johnson Matthey PLC (LON:JMAT) opened at 3515.00 on Tuesday. Johnson Matthey PLC has a 52-week low of GBX 2,215.00 and a 52-week high of GBX 3,538.00. The stock’s market capitalization is GBX 6.74 billion. The firm has a 50-day moving average of GBX 3,303.83 and a 200-day moving average of GBX 3,054.49.
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In other Johnson Matthey PLC news, insider Farrant,Simon sold 3,577 shares of the firm’s stock in a transaction on Monday, August 1st. The shares were sold at an average price of GBX 3,274 ($40.52), for a total value of £117,110.98 ($144,939.33). Also, insider Garner,Nicholas purchased 12 shares of the firm’s stock in a transaction on Wednesday, July 20th. The stock was bought at an average price of GBX 3,189 ($39.47) per share, for a total transaction of £382.68 ($473.61).
Johnson Matthey PLC Company Profile
Johnson Matthey PLC is a specialty chemicals company. The Company operates in five divisions: Emission Control Technologies, Process Technologies, Precious Metal Products, Fine Chemicals and New Businesses. Emission Control Technologies is a manufacturer of catalysts and catalyst systems for vehicles and industry.
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