Johnson Matthey (LON:JMAT) Insider Acquires £198,985.20 in Stock

Johnson Matthey PLC (LON:JMAT) insider Andrew Cosslett bought 10,495 shares of Johnson Matthey stock in a transaction dated Tuesday, August 26th. The shares were acquired at an average cost of GBX 1,896 per share, with a total value of £198,985.20.

Johnson Matthey Price Performance

Shares of LON:JMAT traded down GBX 10 during midday trading on Tuesday, reaching GBX 1,898. 437,967 shares of the company’s stock traded hands, compared to its average volume of 1,916,480. Johnson Matthey PLC has a 1 year low of GBX 1,131 and a 1 year high of GBX 1,917. The company has a market cap of £3.17 billion, a P/E ratio of 32.25, a PEG ratio of 49,242.50 and a beta of 0.95. The company has a debt-to-equity ratio of 62.73, a quick ratio of 0.76 and a current ratio of 1.45. The company has a fifty day simple moving average of GBX 1,805.63 and a two-hundred day simple moving average of GBX 1,554.58.

Analyst Ratings Changes

Separately, Berenberg Bank increased their target price on Johnson Matthey from GBX 1,800 to GBX 1,950 and gave the company a “hold” rating in a research report on Monday, July 21st. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,875.

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.