Johnson Matthey (LON:JMAT) Insider Buys £99,484.32 in Stock

Johnson Matthey PLC (LON:JMAT) insider Andrew Cosslett acquired 5,136 shares of the business’s stock in a transaction on Tuesday, February 24th. The stock was purchased at an average cost of GBX 1,937 per share, with a total value of £99,484.32.

Johnson Matthey Trading Up 1.9%

JMAT stock opened at GBX 2,012 on Friday. The company’s 50-day simple moving average is GBX 2,262.83 and its 200-day simple moving average is GBX 2,100.18. The company has a quick ratio of 0.76, a current ratio of 1.45 and a debt-to-equity ratio of 62.73. Johnson Matthey PLC has a 52-week low of GBX 1,131 and a 52-week high of GBX 2,434. The firm has a market cap of £3.37 billion, a P/E ratio of -30.53, a PEG ratio of 49,242.50 and a beta of 0.95.

Analyst Upgrades and Downgrades

Several brokerages have commented on JMAT. Panmure Gordon reissued a “buy” rating and issued a GBX 2,370 price objective on shares of Johnson Matthey in a report on Monday, November 24th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Johnson Matthey from GBX 2,300 to GBX 2,400 and gave the company a “buy” rating in a research note on Wednesday, January 21st. Finally, Berenberg Bank cut their price target on shares of Johnson Matthey from GBX 2,100 to GBX 2,050 and set a “hold” rating for the company in a report on Tuesday, November 25th. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,268.

Johnson Matthey Company Profile

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.