Johnson Matthey PLC (LON:JMAT) Receives GBX 1,993.33 Consensus PT from Analysts

Shares of Johnson Matthey PLC (LON:JMAT) have been assigned a consensus recommendation of “Moderate Buy” from the six analysts that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is GBX 1,993.33 ($26.33).

Several equities analysts recently weighed in on JMAT shares. Berenberg Bank restated a “hold” rating and issued a GBX 1,800 ($23.78) price objective on shares of Johnson Matthey in a report on Tuesday, June 11th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 2,400 ($31.70) target price on shares of Johnson Matthey in a research note on Monday, June 24th.

Johnson Matthey Trading Down 0.1 %

Shares of LON JMAT opened at GBX 1,468 ($19.39) on Monday. The company’s 50 day simple moving average is GBX 1,613.66 and its 200 day simple moving average is GBX 1,687.51. Johnson Matthey has a fifty-two week low of GBX 1,428.50 ($18.87) and a fifty-two week high of GBX 1,917.07 ($25.32). The firm has a market capitalization of £2.59 billion, a P/E ratio of 2,534.48, a P/E/G ratio of 49,242.50 and a beta of 0.95. The company has a debt-to-equity ratio of 63.15, a current ratio of 1.45 and a quick ratio of 0.76.

Insider Transactions at Johnson Matthey

In related news, insider Stephen Oxley acquired 21 shares of the stock in a transaction dated Wednesday, August 21st. The stock was bought at an average price of GBX 1,603 ($21.18) per share, with a total value of £336.63 ($444.69). Insiders purchased 66 shares of company stock valued at $107,901 over the last quarter. Corporate insiders own 0.61% of the company’s stock.

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.