Johnson Matthey PLC’s (JMAT) Hold Rating Reaffirmed at Liberum Capital
Johnson Matthey PLC (LON:JMAT)‘s stock had its “hold” rating reiterated by analysts at Liberum Capital in a note issued to investors on Thursday. They currently have a GBX 3,400 ($43.91) target price on the stock. Liberum Capital’s target price would suggest a potential upside of 17.04% from the stock’s current price.
Other equities analysts have also recently issued reports about the stock. Deutsche Bank AG reaffirmed a “buy” rating on shares of Johnson Matthey PLC in a research note on Monday, July 17th. Citigroup Inc. reaffirmed a “buy” rating and issued a GBX 3,800 ($49.08) price objective on shares of Johnson Matthey PLC in a research note on Wednesday, August 30th. J P Morgan Chase & Co reaffirmed a “neutral” rating and issued a GBX 3,200 ($41.33) price objective on shares of Johnson Matthey PLC in a research note on Monday, July 31st. Morgan Stanley raised shares of Johnson Matthey PLC to an “overweight” rating and raised their price objective for the company from GBX 3,000 ($38.74) to GBX 3,500 ($45.20) in a research note on Thursday, June 29th. Finally, Barclays PLC raised shares of Johnson Matthey PLC to an “overweight” rating and raised their price objective for the company from GBX 3,380 ($43.65) to GBX 3,450 ($44.56) in a research note on Wednesday, July 26th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and six have given a buy rating to the stock. Johnson Matthey PLC currently has a consensus rating of “Hold” and an average price target of GBX 3,427.55 ($44.27).
Johnson Matthey PLC (JMAT) traded up 0.41% during midday trading on Thursday, reaching GBX 2905.00. The company’s stock had a trading volume of 398,506 shares. Johnson Matthey PLC has a 52-week low of GBX 2,677.68 and a 52-week high of GBX 3,568.00. The firm has a 50-day moving average price of GBX 2,808.76 and a 200 day moving average price of GBX 2,950.92. The stock’s market capitalization is GBX 5.57 billion.
In related news, insider Jane Griffiths acquired 2,671 shares of the business’s stock in a transaction that occurred on Monday, July 31st. The shares were acquired at an average cost of GBX 2,786 ($35.98) per share, with a total value of £74,414.06 ($96,104.95). Also, insider Annette Kelleher acquired 12 shares of the business’s stock in a transaction that occurred on Wednesday, June 21st. The stock was bought at an average cost of GBX 3,018 ($38.98) per share, for a total transaction of £362.16 ($467.73). Over the last three months, insiders have bought 2,710 shares of company stock worth $7,553,921.
Johnson Matthey PLC Company Profile
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.