Johnson Matthey (LON:JMAT) Insider Buys £243.30 in Stock

Johnson Matthey PLC (LON:JMAT) insider Alastair Judge acquired 10 shares of the firm’s stock in a transaction on Wednesday, November 11th. The stock was bought at an average price of GBX 2,433 per share, with a total value of £243.30.

Alastair Judge also recently made the following trade(s):

• On Monday, October 12th, Alastair Judge bought 10 shares of Johnson Matthey stock. The stock was bought at an average cost of GBX 2,471 per share, with a total value of £247.10.

Johnson Matthey Trading Up 1.2%

Shares of JMAT traded up GBX 28 during trading hours on Wednesday, reaching GBX 2,428. 275,418 shares of the company traded hands, compared to its average volume of 1,903,049. The company’s fifty day moving average price is GBX 2,382.13 and its two-hundred day moving average price is GBX 2,155.77. The company has a market capitalization of £3.01 billion, a price-to-earnings ratio of -31.84, a price-to-earnings-growth ratio of 49,242.50 and a beta of 0.88. 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 PLC has a 12 month low of GBX 2,192 and a 12 month high of GBX 3,245.33.

Analyst Ratings Changes

Several analysts have weighed in on JMAT shares. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 2,330 price objective on shares of Johnson Matthey in a research report on Tuesday, August 4th. Berenberg Bank increased their target price on Johnson Matthey from GBX 2,300 to GBX 2,550 and gave the stock a “buy” rating in a research report on Wednesday, October 28th. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 2,370.

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. 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.