Liam Condon Acquires 10 Shares of Johnson Matthey (LON:JMAT) Stock

Johnson Matthey PLC (LON:JMAT) insider Liam Condon bought 10 shares of the firm’s stock in a transaction dated Tuesday, January 13th. The shares were acquired at an average price of GBX 2,321 per share, for a total transaction of £232.10.

Liam Condon also recently made the following trade(s):

• On Wednesday, December 10th, Liam Condon purchased 14 shares of Johnson Matthey stock. The stock was bought at an average price of GBX 2,013 per share, with a total value of £281.82.
• On Wednesday, November 12th, Liam Condon acquired 10 shares of Johnson Matthey stock. The shares were bought at an average cost of GBX 2,165 per share, for a total transaction of £216.50.

Johnson Matthey Trading Up 0.3%

Shares of JMAT stock opened at GBX 2,370 on Friday. Johnson Matthey PLC has a 1 year low of GBX 1,131 and a 1 year high of GBX 2,382. The company has a debt-to-equity ratio of 62.73, a current ratio of 1.45 and a quick ratio of 0.76. The stock’s 50 day simple moving average is GBX 2,122.24 and its two-hundred day simple moving average is GBX 2,000.48. The company has a market cap of £3.97 billion, a PE ratio of -35.96, a price-to-earnings-growth ratio of 49,242.50 and a beta of 0.95.

Johnson Matthey (LON:JMAT) last announced its earnings results on Thursday, November 20th. The company reported GBX 51.20 EPS for the quarter. Johnson Matthey had a return on equity of 4.49% and a net margin of 0.84%. Research analysts predict that Johnson Matthey PLC will post 173.4112903 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on JMAT. Jefferies Financial Group raised their target price on shares of Johnson Matthey from GBX 2,200 to GBX 2,420 and gave the stock a “buy” rating in a report on Tuesday, October 14th. Panmure Gordon reissued a “buy” rating and issued a GBX 2,370 price objective on shares of Johnson Matthey in a research report on Monday, November 24th. Berenberg Bank decreased their price objective on shares of Johnson Matthey from GBX 2,100 to GBX 2,050 and set a “hold” rating for the company in a research note on Tuesday, November 25th. Deutsche Bank Aktiengesellschaft upped their target price on Johnson Matthey from GBX 2,100 to GBX 2,300 and gave the company a “buy” rating in a research note on Thursday, October 9th. Finally, Citigroup increased their price target on Johnson Matthey from GBX 1,800 to GBX 2,100 and gave the stock a “neutral” rating in a report on Tuesday, October 21st. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Johnson Matthey currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,248.

About Johnson Matthey

Johnson Matthey is a global leader in science that enables a cleaner and healthier world. With over 200 years of sustained commitment to innovation and technological breakthroughs, they improve the function, performance and safety of their customers’ products. Their science has a global impact in areas such as low emission transport, pharmaceuticals, chemical processing and making the most efficient use of the planet’s natural resources. Today more than 13,000 Johnson Matthey professionals collaborate with their network of customers and partners to make a real difference to the world around us.