Citigroup Inc. reaffirmed their buy rating on shares of Johnson Matthey PLC (LON:JMAT) in a report issued on Wednesday, August 30th. Citigroup Inc. currently has a GBX 3,800 ($49.08) price objective on the stock.
A number of other research analysts also recently issued reports on JMAT. UBS AG downgraded shares of Johnson Matthey PLC to a sell rating and lowered their price objective for the stock from GBX 3,300 ($42.62) to GBX 2,750 ($35.52) in a report on Friday, May 19th. Deutsche Bank AG restated a buy rating and set a GBX 3,600 ($46.49) price objective on shares of Johnson Matthey PLC in a report on Thursday, August 24th. J P Morgan Chase & Co restated a neutral rating and set a GBX 3,200 ($41.33) price objective on shares of Johnson Matthey PLC in a report on Thursday, June 8th. Liberum Capital restated a hold rating and set a GBX 3,300 ($42.62) price objective on shares of Johnson Matthey PLC in a report on Thursday, June 1st. Finally, Barclays PLC upgraded shares of Johnson Matthey PLC to an overweight rating and upped their price objective 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 given a hold rating and six have given a buy rating to the stock. The stock presently has a consensus rating of Hold and an average price target of GBX 3,427.55 ($44.27).
Shares of Johnson Matthey PLC (LON:JMAT) traded up 0.53% during trading on Wednesday, hitting GBX 2835.00. The stock had a trading volume of 989,717 shares. Johnson Matthey PLC has a one year low of GBX 2,681.00 and a one year high of GBX 3,568.00. The stock’s 50-day moving average price is GBX 2,806.11 and its 200 day moving average price is GBX 2,944.62. The stock’s market cap is GBX 5.44 billion.
In other Johnson Matthey PLC news, insider Annette Kelleher bought 12 shares of the business’s stock in a transaction on Wednesday, August 16th. The stock was purchased at an average price of GBX 2,757 ($35.61) per share, for a total transaction of £330.84 ($427.28). Also, insider Jane Griffiths bought 2,671 shares of the business’s stock in a transaction on Monday, July 31st. The shares were acquired at an average price of GBX 2,786 ($35.98) per share, with a total value of £74,414.06 ($96,104.95). In the last 90 days, insiders have purchased 2,710 shares of company stock valued at $7,553,921.
About Johnson Matthey PLC
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