Johnson Matthey PLC (JMPLY) Receives Average Rating of “Hold” from Brokerages
Shares of Johnson Matthey PLC (NASDAQ:JMPLY) have earned a consensus broker rating score of 2.60 (Hold) from the five analysts that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong sell recommendation, two have assigned a hold recommendation and two have given a strong buy recommendation to the company. Johnson Matthey PLC’s rating score has improved by 13.3% from 90 days ago as a result of a number of analysts’ upgrades and downgrades.
Brokers have set a one year consensus target price of $85.00 for the company, according to Zacks. Zacks has also assigned Johnson Matthey PLC an industry rank of 45 out of 265 based on the ratings given to related companies.
Several brokerages have commented on JMPLY. Zacks Investment Research raised Johnson Matthey PLC from a “hold” rating to a “buy” rating and set a $86.00 price objective on the stock in a research report on Tuesday, June 20th. UBS AG reaffirmed a “sell” rating on shares of Johnson Matthey PLC in a research report on Friday, May 19th. Finally, Barclays PLC raised Johnson Matthey PLC from an “equal weight” rating to an “overweight” rating in a research report on Wednesday, July 26th.
Shares of Johnson Matthey PLC (JMPLY) traded up 6.68% during trading on Friday, reaching $75.85. The company’s stock had a trading volume of 8 shares. The stock has a market cap of $7.27 billion and a price-to-earnings ratio of 14.68. The company has a 50-day moving average price of $74.04 and a 200-day moving average price of $76.36. Johnson Matthey PLC has a one year low of $71.10 and a one year high of $88.26.
About Johnson Matthey PLC
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.