Key Points
- Andrew Cosslett bought 5,136 Johnson Matthey shares on Feb 24 at an average price of GBX 1,937, a transaction worth £99,484.32.
- Analyst sentiment is mildly positive with a consensus rating of "Moderate Buy" and a consensus price target of GBX 2,268; Deutsche Bank raised its target to GBX 2,400 and three analysts rate the stock as Buy versus two Holds.
- The stock opened at GBX 1,972.61, sits between a 52‑week low/high of GBX 1,131/2,434, has a £3.30bn market cap and a negative P/E (‑29.93), reflecting recent losses.
Johnson Matthey PLC (LON:JMAT - Get Free Report) insider Andrew Cosslett purchased 5,136 shares of the company's stock in a transaction dated Tuesday, February 24th. The stock was acquired at an average price of GBX 1,937 per share, with a total value of £99,484.32.
Johnson Matthey Trading Up 0.7%
Shares of LON:JMAT opened at GBX 1,972.61 on Thursday. The business's 50 day simple moving average is GBX 2,268.43 and its 200 day simple moving average is GBX 2,099.15. Johnson Matthey PLC has a 1 year low of GBX 1,131 and a 1 year high of GBX 2,434. The company has a debt-to-equity ratio of 62.73, a current ratio of 1.45 and a quick ratio of 0.76. The company has a market capitalization of £3.30 billion, a P/E ratio of -29.93, a P/E/G ratio of 49,242.50 and a beta of 0.95.
Wall Street Analysts Forecast Growth
A number of brokerages recently commented on JMAT. Deutsche Bank Aktiengesellschaft raised their price target on Johnson Matthey from GBX 2,300 to GBX 2,400 and gave the stock a "buy" rating in a research report on Wednesday, January 21st. Panmure Gordon reissued a "buy" rating and issued a GBX 2,370 target price on shares of Johnson Matthey in a report on Monday, November 24th. Finally, Berenberg Bank cut their price target on shares of Johnson Matthey from GBX 2,100 to GBX 2,050 and set a "hold" rating for the company in a report on Tuesday, November 25th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, Johnson Matthey has a consensus rating of "Moderate Buy" and a consensus price target of GBX 2,268.
View Our Latest Stock Analysis on JMAT
About Johnson Matthey
(
Get Free Report)
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.
Further Reading
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