Credit Suisse Group restated their outperform rating on shares of Johnson Matthey PLC (LON:JMAT) in a research note released on Friday. They currently have a GBX 3,450 ($42.97) price target on the stock.
Other analysts also recently issued research reports about the stock. Deutsche Bank AG reissued a buy rating and issued a GBX 3,700 ($46.09) price target on shares of Johnson Matthey PLC in a research report on Wednesday, November 30th. Liberum Capital restated a hold rating and set a GBX 3,300 ($41.11) price objective on shares of Johnson Matthey PLC in a research note on Tuesday, January 31st. J P Morgan Chase & Co raised their price objective on Johnson Matthey PLC from GBX 3,000 ($37.37) to GBX 3,200 ($39.86) and gave the company a neutral rating in a research note on Friday, November 18th. Jefferies Group LLC restated a buy rating and set a GBX 3,650 ($45.47) price objective on shares of Johnson Matthey PLC in a research note on Friday, November 18th. Finally, Numis Securities Ltd upgraded Johnson Matthey PLC to an add rating and set a GBX 3,754 ($46.76) price objective on the stock in a research note on Wednesday, November 23rd. Seven investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus price target of GBX 3,295.91 ($41.06).
Shares of Johnson Matthey PLC (LON:JMAT) opened at 3186.00 on Friday. The stock’s 50 day moving average is GBX 3,156.14 and its 200 day moving average is GBX 3,251.12. The firm’s market cap is GBX 6.11 billion. Johnson Matthey PLC has a 12 month low of GBX 2,215.00 and a 12 month high of GBX 3,568.00.
The company also recently disclosed a dividend, which was paid on Tuesday, February 7th. Investors of record on Thursday, November 24th were paid a GBX 20.50 ($0.26) dividend. This represents a yield of 0.64%. The ex-dividend date of this dividend was Thursday, November 24th.
In related news, insider Robert MacLeod bought 12 shares of Johnson Matthey PLC stock in a transaction on Wednesday, November 16th. The stock was acquired at an average price of GBX 3,370 ($41.98) per share, with a total value of £404.40 ($503.74). Also, insider Chris Mottershead bought 491 shares of Johnson Matthey PLC stock in a transaction on Thursday, December 8th. The shares were bought at an average cost of GBX 3,049 ($37.98) per share, with a total value of £14,970.59 ($18,647.97). Insiders purchased a total of 2,711 shares of company stock worth $8,560,271 over the last 90 days.
About Johnson Matthey PLC