Key Points
- Insider purchase: Richard Pike bought 17,635 Johnson Matthey shares at GBX 2,248 each, investing approximately £396,435.
- Stock performance: Johnson Matthey shares opened at GBX 2,245.87 and were down 0.1%, with a market capitalization of about £2.83 billion.
- Analyst outlook: Analysts maintain a generally positive view, with an average “Moderate Buy” rating and a consensus price target of GBX 2,283.33.
Johnson Matthey PLC (LON:JMAT - Get Free Report) insider Richard Pike purchased 17,635 shares of Johnson Matthey stock in a transaction that occurred on Friday, September 11th. The shares were bought at an average cost of GBX 2,248 per share, for a total transaction of £396,434.80.
Richard Pike also recently made the following trade(s):
- On Friday, July 10th, Richard Pike acquired 12 shares of Johnson Matthey stock. The stock was purchased at an average cost of GBX 1,909 per share, with a total value of £229.08.
Johnson Matthey Stock Down 0.1%
Shares of LON:JMAT opened at GBX 2,245.87 on Friday. The company has a market capitalization of £2.83 billion, a price-to-earnings ratio of -29.45, a price-to-earnings-growth ratio of 49,242.50 and a beta of 0.94. The company has a 50 day moving average of GBX 2,112.39 and a two-hundred day moving average of GBX 2,054.92. Johnson Matthey PLC has a 52-week low of GBX 2,218 and a 52-week high of GBX 3,245.33. The company has a quick ratio of 0.76, a current ratio of 1.56 and a debt-to-equity ratio of 69.69.
Analysts Set New Price Targets
JMAT has been the subject of several analyst reports. Jefferies Financial Group restated a "buy" rating and issued a GBX 2,330 target price on shares of Johnson Matthey in a research note on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a GBX 2,400 price target on shares of Johnson Matthey in a research note on Monday, July 6th. Berenberg Bank boosted their price objective on shares of Johnson Matthey from GBX 2,100 to GBX 2,300 and gave the stock a "buy" rating in a report on Monday, June 1st. Finally, UBS Group reissued a "neutral" rating and issued a GBX 2,200 price objective on shares of Johnson Matthey in a research report on Friday, May 22nd. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of GBX 2,283.33.
View Our Latest Stock Analysis on Johnson Matthey
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.
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