Johnson Matthey PLC (LON:JMAT) Receives Average Recommendation of “Moderate Buy” from Brokerages

Johnson Matthey PLC (LON:JMAT) has been given an average rating of “Moderate Buy” by the six brokerages that are presently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, one has issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is GBX 2,010 ($25.02).

Several brokerages have recently commented on JMAT. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 2,100 ($26.14) price objective on shares of Johnson Matthey in a research report on Wednesday, March 20th. Berenberg Bank raised their price objective on shares of Johnson Matthey from GBX 1,650 ($20.54) to GBX 1,800 ($22.41) and gave the stock a “hold” rating in a research report on Monday, April 8th. Finally, Numis Securities reaffirmed a “buy” rating and set a GBX 2,200 ($27.39) price objective on shares of Johnson Matthey in a research report on Wednesday, March 20th.

Insider Activity at Johnson Matthey

In other Johnson Matthey news, insider Stephen Oxley purchased 18 shares of Johnson Matthey stock in a transaction that occurred on Wednesday, March 20th. The stock was acquired at an average price of GBX 1,864 ($23.20) per share, with a total value of £335.52 ($417.68). In other Johnson Matthey news, insider Stephen Oxley purchased 18 shares of Johnson Matthey stock in a transaction that occurred on Wednesday, March 20th. The stock was acquired at an average price of GBX 1,864 ($23.20) per share, with a total value of £335.52 ($417.68). Also, insider Liam Condon purchased 24 shares of Johnson Matthey stock in a transaction that occurred on Wednesday, April 17th. The stock was acquired at an average cost of GBX 1,767 ($22.00) per share, with a total value of £424.08 ($527.92). In the last 90 days, insiders acquired 66 shares of company stock valued at $114,288. 0.60% of the stock is owned by company insiders.

Johnson Matthey Stock Performance

LON:JMAT opened at GBX 1,764 ($21.96) on Friday. The company has a market capitalization of £3.24 billion, a PE ratio of 1,837.50, a P/E/G ratio of 49,242.50 and a beta of 0.98. The company has a 50 day simple moving average of GBX 1,702.30 and a two-hundred day simple moving average of GBX 1,625.82. The company has a debt-to-equity ratio of 63.95, a quick ratio of 0.76 and a current ratio of 1.51. Johnson Matthey has a fifty-two week low of GBX 1,428.50 ($17.78) and a fifty-two week high of GBX 1,984 ($24.70).

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.