Johnson Matthey (LON:JMAT) Stock Keeps Buy Rating at Jefferies Financial Group

Jefferies Financial Group restated their buy rating on shares of Johnson Matthey (LON:JMAT) in a report published on Thursday morning,Digital Look reports. They currently have a GBX 2,770 price target on the stock.

Separately, Berenberg Bank increased their price target on Johnson Matthey from GBX 2,300 to GBX 2,550 and gave the stock a “buy” rating in a research note 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’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,458.

Johnson Matthey Stock Performance

Shares of LON JMAT opened at GBX 2,404 on Thursday. The company has a debt-to-equity ratio of 69.69, a current ratio of 1.56 and a quick ratio of 0.76. The company has a market cap of £2.98 billion, a PE ratio of -31.52, a price-to-earnings-growth ratio of 49,242.50 and a beta of 0.88. The company has a 50-day simple moving average of GBX 2,388.53 and a 200-day simple moving average of GBX 2,156.39. Johnson Matthey has a 12 month low of GBX 2,192 and a 12 month high of GBX 3,245.33.

Insider Transactions at Johnson Matthey

In other news, insider Richard Pike purchased 12 shares of the company’s stock in a transaction on Wednesday, November 11th. The stock was bought at an average cost of GBX 2,433 per share, for a total transaction of £291.96. Also, insider Liam Condon purchased 10,951 shares of the company’s stock in a transaction on Friday, September 11th. The shares were purchased at an average price of GBX 2,306 per share, with a total value of £252,530.06. In the last three months, insiders have acquired 28,628 shares of company stock valued at $64,999,052. 0.78% of the stock is owned by company insiders.

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.