Johnson Matthey PLC (LON:JMAT) had its price objective lifted by Numis Securities Ltd from GBX 3,394 ($42.00) to GBX 3,711 ($45.93) in a research report released on Tuesday. The brokerage currently has a hold rating on the stock.
A number of other analysts have also recently issued reports on the stock. Credit Suisse Group AG restated an outperform rating and set a GBX 3,400 ($42.08) target price on shares of Johnson Matthey PLC in a research note on Wednesday, September 28th. Deutsche Bank AG reiterated a buy rating on shares of Johnson Matthey PLC in a research note on Wednesday, September 28th. Berenberg Bank cut shares of Johnson Matthey PLC to a hold rating and lifted their price objective for the stock from GBX 3,250 ($40.22) to GBX 3,350 ($41.46) in a research note on Tuesday, August 2nd. JPMorgan Chase & Co. lifted their price objective on shares of Johnson Matthey PLC from GBX 2,750 ($34.03) to GBX 2,850 ($35.27) and gave the stock a neutral rating in a research note on Thursday, July 21st. Finally, Liberum Capital reiterated a hold rating and issued a GBX 2,940 ($36.39) price objective on shares of Johnson Matthey PLC in a research note on Wednesday, July 20th. Six research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company presently has an average rating of Hold and an average price target of GBX 3,184.55 ($39.41).
Shares of Johnson Matthey PLC (LON:JMAT) traded down 0.26% on Tuesday, hitting GBX 3515.00. 205,795 shares of the stock were exchanged. The company has a 50-day moving average price of GBX 3,309.78 and a 200-day moving average price of GBX 3,060.37. The firm’s market capitalization is GBX 6.74 billion. Johnson Matthey PLC has a one year low of GBX 2,215.00 and a one year high of GBX 3,538.00.
In related news, insider Garner,Nicholas purchased 12 shares of Johnson Matthey PLC stock in a transaction that occurred on Wednesday, July 20th. The stock was bought at an average cost of GBX 3,189 ($39.47) per share, for a total transaction of £382.68 ($473.61). Also, insider John Walker purchased 9 shares of Johnson Matthey PLC stock in a transaction that occurred on Wednesday, September 21st. The shares were bought at an average price of GBX 3,287 ($40.68) per share, with a total value of £295.83 ($366.13).