Zacks: Analysts Set $85.02 Target Price for Johnson Matthey PLC (JMPLY)
Shares of Johnson Matthey PLC (NASDAQ:JMPLY) have been given an average broker rating score of 3.00 (Hold) from the five analysts that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong sell recommendation, three have issued a hold recommendation and one has assigned a strong buy recommendation to the company. Johnson Matthey PLC’s rating score has declined by 20% in the last 90 days as a result of various analysts’ upgrades and downgrades.
Brokers have set a twelve-month consensus target price of $85.02 for the company, according to Zacks. Zacks has also assigned Johnson Matthey PLC an industry rank of 25 out of 265 based on the ratings given to related companies.
Separately, Zacks Investment Research upgraded Johnson Matthey PLC from a “sell” rating to a “buy” rating and set a $85.00 target price on the stock in a research report on Wednesday, May 3rd.
Johnson Matthey PLC (JMPLY) traded up 3.75% during mid-day trading on Monday, reaching $79.20. The company had a trading volume of 414 shares. The firm’s 50 day moving average price is $79.64 and its 200-day moving average price is $78.30. The company has a market capitalization of $7.60 billion and a price-to-earnings ratio of 15.39. Johnson Matthey PLC has a 12 month low of $71.88 and a 12 month high of $89.03.
Johnson Matthey PLC Company Profile
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Johnson Matthey PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Johnson Matthey PLC and related companies with MarketBeat.com's FREE daily email newsletter.