Insider Buying: Johnson Matthey (LON:JMAT) Insider Buys £216.50 in Stock

Johnson Matthey PLC (LON:JMAT) insider Liam Condon purchased 10 shares of the firm’s stock in a transaction on Wednesday, November 12th. The stock was bought at an average price of GBX 2,165 per share, for a total transaction of £216.50.

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

• On Friday, October 10th, Liam Condon acquired 12 shares of Johnson Matthey stock. The shares were bought at an average cost of GBX 2,079 per share, with a total value of £249.48.

Johnson Matthey Stock Down 1.8%

LON JMAT opened at GBX 2,140 on Friday. The stock has a market cap of £3.59 billion, a PE ratio of 10.13, a PEG ratio of 49,242.50 and a beta of 0.95. The firm has a 50-day simple moving average of GBX 2,055.64 and a 200 day simple moving average of GBX 1,837.25. The company has a debt-to-equity ratio of 62.73, a quick ratio of 0.76 and a current ratio of 1.45. Johnson Matthey PLC has a twelve month low of GBX 1,131 and a twelve month high of GBX 2,198.

Analyst Ratings Changes

JMAT has been the subject of a number of recent analyst reports. Berenberg Bank upped their price objective on shares of Johnson Matthey from GBX 1,950 to GBX 2,100 and gave the company a “hold” rating in a research report on Thursday, October 9th. Deutsche Bank Aktiengesellschaft boosted 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. Jefferies Financial Group raised their price target on Johnson Matthey from GBX 2,200 to GBX 2,420 and gave the stock a “buy” rating in a research report on Tuesday, October 14th. Finally, Citigroup lifted their price objective on Johnson Matthey from GBX 1,800 to GBX 2,100 and gave the company a “neutral” rating in a report on Tuesday, October 21st. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Johnson Matthey currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 2,230.

Johnson Matthey Company Profile

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.