Johnson Matthey (LON:JMAT) Stock Rating Reaffirmed by Deutsche Bank

Johnson Matthey (LON:JMAT)‘s stock had its “buy” rating reiterated by equities researchers at Deutsche Bank in a note issued to investors on Friday, ThisIsMoney.Co.Uk reports.

A number of other analysts have also recently issued reports on the stock. UBS Group reiterated a “sell” rating on shares of in a research note on Monday, June 24th. Credit Suisse Group set a €100.00 ($116.28) price target on shares of Safran and gave the company a “sell” rating in a research report on Friday, May 31st. HSBC lowered shares of Banco Macro from a “buy” rating to a “hold” rating in a research report on Wednesday, June 5th. Liberum Capital raised shares of Daily Mail and General Trust P L C from a “sell” rating to a “hold” rating in a research report on Thursday, May 30th. Finally, Berenberg Bank lowered shares of to a “hold” rating and dropped their price target for the company from GBX 265 ($3.46) to GBX 248 ($3.24) in a research report on Monday, June 3rd. One investment analyst has rated the stock with a sell rating and six have given a buy rating to the company’s stock. Johnson Matthey currently has an average rating of “Buy” and an average price target of GBX 3,738.33 ($48.85).

LON JMAT opened at GBX 3,296 ($43.07) on Friday. The company has a debt-to-equity ratio of 50.40, a current ratio of 1.64 and a quick ratio of 0.95. The firm has a market capitalization of $6.38 billion and a PE ratio of 15.36. The company has a 50 day simple moving average of GBX 3,202.62. Johnson Matthey has a 12-month low of GBX 2,574 ($33.63) and a 12-month high of GBX 3,783 ($49.43).

In other news, insider Anna Manz purchased 12 shares of the company’s stock in a transaction dated Wednesday, June 19th. The shares were bought at an average price of GBX 3,134 ($40.95) per share, with a total value of £376.08 ($491.42).

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.

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Analyst Recommendations for Johnson Matthey (LON:JMAT)

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