Johnson Matthey PLC (JMAT) Earns Hold Rating from Liberum Capital
Liberum Capital restated their hold rating on shares of Johnson Matthey PLC (LON:JMAT) in a research note released on Thursday morning. Liberum Capital currently has a GBX 3,400 ($43.91) price target on the stock.
A number of other brokerages have also commented on JMAT. Deutsche Bank AG cut their price target on Johnson Matthey PLC from GBX 3,700 ($47.79) to GBX 3,600 ($46.49) and set a buy rating on the stock in a report on Friday, June 2nd. J P Morgan Chase & Co restated a neutral rating and issued a GBX 3,200 ($41.33) price target on shares of Johnson Matthey PLC in a report on Friday, June 2nd. UBS AG lowered Johnson Matthey PLC to a sell rating and dropped their target price for the stock from GBX 3,300 ($42.62) to GBX 2,750 ($35.52) in a report on Friday, May 19th. Morgan Stanley upgraded Johnson Matthey PLC to an overweight rating and upped their target price for the stock from GBX 3,000 ($38.74) to GBX 3,500 ($45.20) in a report on Thursday, June 29th. Finally, Barclays PLC upgraded Johnson Matthey PLC to an overweight rating and upped their target price for the stock from GBX 3,380 ($43.65) to GBX 3,450 ($44.56) in a report on Wednesday, July 26th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and six have issued a buy rating to the stock. Johnson Matthey PLC presently has a consensus rating of Hold and a consensus target price of GBX 3,427.55 ($44.27).
Shares of Johnson Matthey PLC (JMAT) opened at 2905.00 on Thursday. The stock’s 50 day moving average price is GBX 2,808.76 and its 200-day moving average price is GBX 2,950.92. The stock’s market capitalization is GBX 5.57 billion. Johnson Matthey PLC has a 1-year low of GBX 2,677.68 and a 1-year high of GBX 3,568.00.
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In other Johnson Matthey PLC news, insider Annette Kelleher purchased 12 shares of the firm’s stock in a transaction on Wednesday, June 21st. The stock was purchased at an average cost of GBX 3,018 ($38.98) per share, for a total transaction of £362.16 ($467.73). Also, insider Robert MacLeod sold 1,219 shares of the stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of GBX 2,775 ($35.84), for a total value of £33,827.25 ($43,687.52). Insiders bought a total of 2,710 shares of company stock valued at $7,553,921 over the last quarter.
About Johnson Matthey PLC
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