Johnson Matthey PLC (LON:JMAT) Stock Has Consensus Target Price of GBX 2,283.33

Shares of Johnson Matthey PLC (LON:JMAT) have been given an average recommendation of “Moderate Buy” by the six ratings firms that are covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is GBX 2,283.33.

A number of brokerages have issued reports on JMAT. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 2,400 target price on shares of Johnson Matthey in a report on Monday, July 6th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 2,330 price target on shares of Johnson Matthey in a research note on Tuesday, August 4th.

Johnson Matthey Stock Up 1.8%

Shares of Johnson Matthey stock opened at GBX 2,412 on Friday. The business has a fifty day simple moving average of GBX 2,227.72 and a 200 day simple moving average of GBX 2,092.31. The stock has a market cap of £3.04 billion, a PE ratio of -31.63, a price-to-earnings-growth ratio of 49,242.50 and a beta of 0.93. The company has a quick ratio of 0.76, a current ratio of 1.56 and a debt-to-equity ratio of 69.69. Johnson Matthey has a 12 month low of GBX 2,192 and a 12 month high of GBX 3,245.33.

Insider Activity at Johnson Matthey

In other news, insider Liam Condon bought 10,951 shares of the business’s stock in a transaction on Friday, September 11th. The shares were bought at an average cost of GBX 2,306 per share, for a total transaction of £252,530.06. Also, insider Alastair Judge purchased 12 shares of Johnson Matthey stock in a transaction dated Wednesday, August 12th. The shares were purchased at an average cost of GBX 2,193 per share, for a total transaction of £263.16. Over the last 90 days, insiders bought 28,636 shares of company stock worth $64,995,344. 0.74% of the stock is currently owned by company insiders.

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.