Johnson Matthey PLC (LON:JMAT) Stock Has Consensus Price Target of GBX 2,283.33 According to Brokerages

Shares of Johnson Matthey PLC (LON:JMAT) have received an average recommendation of “Moderate Buy” from the six research firms that are presently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month target price among brokerages that have covered the stock in the last year is GBX 2,283.33.

Several analysts have weighed in on JMAT shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 2,400 price objective on shares of Johnson Matthey in a research report on Monday, July 6th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 2,330 target price on shares of Johnson Matthey in a research report on Tuesday, August 4th.

Insider Buying and Selling

In other news, insider Liam Condon acquired 10,951 shares of the stock in a transaction on Friday, September 11th. The stock was acquired at an average price of GBX 2,306 per share, with a total value of £252,530.06. Also, insider Alastair Judge acquired 12 shares of the stock in a transaction on Wednesday, August 12th. The shares were purchased at an average cost of GBX 2,193 per share, with a total value of £263.16. Insiders have bought a total of 28,636 shares of company stock valued at $64,995,344 over the last ninety days. Company insiders own 0.74% of the company’s stock.

Johnson Matthey Price Performance

Shares of LON JMAT opened at GBX 2,402 on Friday. Johnson Matthey has a 1 year low of GBX 2,192 and a 1 year high of GBX 3,245.33. The stock has a market capitalization of £3.03 billion, a P/E ratio of -31.49, a P/E/G ratio of 49,242.50 and a beta of 0.93. The company’s 50-day moving average is GBX 2,209.25 and its 200 day moving average is GBX 2,085.89. The company has a debt-to-equity ratio of 69.69, a current ratio of 1.56 and a quick ratio of 0.76.

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. 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.