Johnson Matthey PLC (LON:JMAT) Stock Has Average Target Price of GBX 2,283.33 According to Analysts

Johnson Matthey PLC (LON:JMAT) has received an average recommendation of “Moderate Buy” from the five research firms that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is GBX 2,320.

JMAT has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 2,400 target price on shares of Johnson Matthey in a report on Monday, July 6th. Jefferies Financial Group restated a “buy” rating and issued a GBX 2,330 price target on shares of Johnson Matthey in a research report on Tuesday, August 4th.

Johnson Matthey Stock Down 0.3%

Shares of LON:JMAT opened at GBX 2,408.75 on Tuesday. The stock’s fifty day simple moving average is GBX 2,345.58 and its 200-day simple moving average is GBX 2,154.40. The company has a quick ratio of 0.76, a current ratio of 1.56 and a debt-to-equity ratio of 69.69. The company has a market capitalization of £3.03 billion, a P/E ratio of -31.58, a P/E/G ratio of 49,242.50 and a beta of 0.88. Johnson Matthey has a 52-week low of GBX 2,192 and a 52-week high of GBX 3,245.33.

Insider Buying and Selling at Johnson Matthey

In related news, insider Liam Condon purchased 10,951 shares of the company’s stock in a transaction that occurred 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. Also, insider Alastair Judge purchased 12 shares of the company’s stock in a transaction that occurred on Wednesday, August 12th. The shares were acquired at an average cost of GBX 2,193 per share, for a total transaction of £263.16. In the last ninety days, insiders bought 28,608 shares of company stock valued at $64,947,512. 0.77% of the stock is owned by corporate 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.