Johnson Matthey (LON:JMAT) Insider Acquires £396,434.80 in Stock

Johnson Matthey PLC (LON:JMAT) insider Richard Pike acquired 17,635 shares of the stock in a transaction on Friday, September 11th. The stock was purchased at an average cost of GBX 2,248 per share, with a total value of £396,434.80.

Richard Pike also recently made the following trade(s):

• On Friday, July 10th, Richard Pike bought 12 shares of Johnson Matthey stock. The shares were purchased at an average cost of GBX 1,909 per share, for a total transaction of £229.08.

Johnson Matthey Price Performance

Shares of JMAT stock opened at GBX 2,245.87 on Monday. The company has a market capitalization of £2.83 billion, a PE ratio of -29.45, a price-to-earnings-growth ratio of 49,242.50 and a beta of 0.94. The firm has a fifty day simple moving average of GBX 2,112.39 and a 200-day simple moving average of GBX 2,055.82. The company has a current ratio of 1.56, a quick ratio of 0.76 and a debt-to-equity ratio of 69.69. Johnson Matthey PLC has a twelve month low of GBX 2,218 and a twelve month high of GBX 3,245.33.

Analyst Upgrades and Downgrades

JMAT has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 2,400 target price on shares of Johnson Matthey in a research note on Monday, July 6th. Berenberg Bank increased their target price on Johnson Matthey from GBX 2,100 to GBX 2,300 and gave the stock a “buy” rating in a research report on Monday, June 1st. UBS Group restated a “neutral” rating and issued a GBX 2,200 price target on shares of Johnson Matthey in a research note on Friday, May 22nd. Finally, Jefferies Financial Group restated a “buy” rating and set a GBX 2,330 price objective on shares of Johnson Matthey in a research note on Tuesday, August 4th. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Johnson Matthey presently has a consensus rating of “Moderate Buy” and an average price target of GBX 2,283.33.

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.