Johnson Matthey PLC (LON:JMAT) has received an average recommendation of “Buy” from the ten ratings firms that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and six have issued a buy recommendation on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is GBX 3,603.67 ($48.87).
JMAT has been the subject of a number of research reports. Citigroup reissued a “buy” rating and set a GBX 4,000 ($54.24) price target on shares of Johnson Matthey in a research report on Tuesday, December 12th. Barclays reissued an “overweight” rating on shares of Johnson Matthey in a research report on Wednesday, December 13th. JPMorgan Chase & Co. reissued a “neutral” rating and set a GBX 3,400 ($46.11) price target on shares of Johnson Matthey in a research report on Wednesday, November 22nd. Morgan Stanley boosted their price target on Johnson Matthey from GBX 3,500 ($47.46) to GBX 3,900 ($52.89) and gave the company an “overweight” rating in a research report on Monday, November 13th. Finally, Liberum Capital reissued a “hold” rating and set a GBX 3,300 ($44.75) price target on shares of Johnson Matthey in a research report on Thursday, September 21st.
Shares of Johnson Matthey (LON JMAT) opened at GBX 3,219 ($43.65) on Monday. Johnson Matthey has a 1 year low of GBX 2,681 ($36.36) and a 1 year high of GBX 3,511 ($47.61). The stock has a market capitalization of $6,120.00 and a PE ratio of 1,694.21.
The business also recently announced a dividend, which will be paid on Tuesday, February 6th. Stockholders of record on Thursday, November 30th will be given a GBX 21.75 ($0.29) dividend. This represents a dividend yield of 0.71%. The ex-dividend date of this dividend is Thursday, November 30th.
In other Johnson Matthey news, insider John Walker purchased 9 shares of Johnson Matthey stock in a transaction that occurred on Wednesday, October 18th. The stock was purchased at an average price of GBX 3,393 ($46.01) per share, with a total value of £305.37 ($414.12). Also, insider Robert MacLeod purchased 12 shares of Johnson Matthey stock in a transaction that occurred on Wednesday, November 15th. The stock was acquired at an average cost of GBX 3,304 ($44.81) per share, with a total value of £396.48 ($537.67).
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About Johnson Matthey
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