Key Points
- Insider buying continued at Johnson Matthey, with Alastair Judge purchasing 10 shares on May 13 at GBX 2,158 each for a total of £215.80. He had also bought shares in April and March.
- Johnson Matthey stock edged up 0.4% and opened at GBX 2,154, trading near its 50-day and 200-day moving averages. The company’s shares have ranged from GBX 1,346 to GBX 2,434 over the past year.
- Analysts remain generally positive, with four Buy ratings and one Hold, giving the stock a consensus “Moderate Buy” rating. The average price target stands at GBX 2,222 after recent target adjustments from Berenberg and Deutsche Bank.
Johnson Matthey PLC (LON:JMAT - Get Free Report) insider Alastair Judge acquired 10 shares of Johnson Matthey stock in a transaction that occurred on Wednesday, May 13th. The shares were purchased at an average price of GBX 2,158 per share, with a total value of £215.80.
Alastair Judge also recently made the following trade(s):
- On Wednesday, April 15th, Alastair Judge acquired 14 shares of Johnson Matthey stock. The shares were purchased at an average price of GBX 2,022 per share, with a total value of £283.08.
- On Wednesday, March 11th, Alastair Judge acquired 12 shares of Johnson Matthey stock. The shares were purchased at an average price of GBX 1,941 per share, with a total value of £232.92.
Johnson Matthey Stock Up 0.4%
Johnson Matthey stock opened at GBX 2,154 on Friday. The company has a debt-to-equity ratio of 71.01, a quick ratio of 0.76 and a current ratio of 1.65. The stock has a fifty day moving average of GBX 1,984.47 and a 200 day moving average of GBX 2,106.93. The stock has a market cap of £3.61 billion, a PE ratio of -32.69, a price-to-earnings-growth ratio of 49,242.50 and a beta of 0.91. Johnson Matthey PLC has a one year low of GBX 1,346 and a one year high of GBX 2,434.
Analysts Set New Price Targets
A number of brokerages have commented on JMAT. Berenberg Bank reduced their price target on Johnson Matthey from GBX 2,250 to GBX 2,100 and set a "buy" rating for the company in a research report on Monday, March 23rd. Deutsche Bank Aktiengesellschaft upped their price target on Johnson Matthey from GBX 1,922 to GBX 2,120 and gave the stock a "buy" rating in a research report on Tuesday, April 7th. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Johnson Matthey presently has an average rating of "Moderate Buy" and a consensus target price of GBX 2,222.
Read Our Latest Research Report on Johnson Matthey
Johnson Matthey Company Profile
(
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
