Johnson Matthey PLC (JMAT) Receives Average Recommendation of “Hold” from Analysts
Johnson Matthey PLC (LON:JMAT) has received an average rating of “Hold” from the eleven analysts that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and six have issued a buy recommendation on the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is GBX 3,500.27 ($46.19).
A number of equities analysts have weighed in on the company. J P Morgan Chase & Co boosted their price objective on Johnson Matthey PLC from GBX 3,200 ($42.23) to GBX 3,400 ($44.87) and gave the stock a “neutral” rating in a research note on Tuesday, October 10th. Deutsche Bank AG boosted their price objective on Johnson Matthey PLC from GBX 3,600 ($47.51) to GBX 4,300 ($56.74) and gave the stock a “buy” rating in a research note on Friday, September 29th. Morgan Stanley reissued an “overweight” rating and set a GBX 3,500 ($46.19) price objective on shares of Johnson Matthey PLC in a research note on Sunday, September 24th. Liberum Capital reissued a “hold” rating and set a GBX 3,300 ($43.55) price objective on shares of Johnson Matthey PLC in a research note on Thursday, September 21st. Finally, Citigroup Inc. reissued a “buy” rating and set a GBX 3,800 ($50.15) price objective on shares of Johnson Matthey PLC in a research note on Wednesday, August 30th.
Johnson Matthey PLC (LON:JMAT) opened at 3381.00 on Wednesday. The stock’s market cap is GBX 6.48 billion. The firm’s 50-day moving average price is GBX 3,295.62 and its 200 day moving average price is GBX 3,025.48. Johnson Matthey PLC has a 52-week low of GBX 2,681.00 and a 52-week high of GBX 3,511.00.
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About Johnson Matthey PLC
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