Liam Condon Purchases 5,226 Shares of Johnson Matthey (LON:JMAT) Stock

Johnson Matthey PLC (LON:JMAT) insider Liam Condon bought 5,226 shares of Johnson Matthey stock in a transaction that occurred on Monday, February 23rd. The stock was purchased at an average cost of GBX 1,923 per share, with a total value of £100,495.98.

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

• On Wednesday, February 11th, Liam Condon bought 10 shares of Johnson Matthey stock. The stock was acquired at an average cost of GBX 2,342 per share, for a total transaction of £234.20.
• On Tuesday, January 13th, Liam Condon acquired 10 shares of Johnson Matthey stock. The shares were bought at an average cost of GBX 2,321 per share, for a total transaction of £232.10.
• On Wednesday, December 10th, Liam Condon acquired 14 shares of Johnson Matthey stock. The shares were bought at an average cost of GBX 2,013 per share, with a total value of £281.82.

Johnson Matthey Stock Up 0.7%

JMAT opened at GBX 1,972.61 on Thursday. The company has a debt-to-equity ratio of 62.73, a quick ratio of 0.76 and a current ratio of 1.45. The firm has a market cap of £3.30 billion, a price-to-earnings ratio of -29.93, a PEG ratio of 49,242.50 and a beta of 0.95. Johnson Matthey PLC has a twelve month low of GBX 1,131 and a twelve month high of GBX 2,434. The firm’s 50-day simple moving average is GBX 2,268.43 and its 200-day simple moving average is GBX 2,099.15.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on JMAT shares. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Johnson Matthey from GBX 2,300 to GBX 2,400 and gave the stock a “buy” rating in a report on Wednesday, January 21st. Panmure Gordon restated a “buy” rating and issued a GBX 2,370 price objective on shares of Johnson Matthey in a report on Monday, November 24th. Finally, Berenberg Bank reduced their target price on Johnson Matthey from GBX 2,100 to GBX 2,050 and set a “hold” rating on the stock in a report on Tuesday, November 25th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of GBX 2,268.

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.