Johnson Matthey PLC (LON:JMAT) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Johnson Matthey PLC (LON:JMAT) have been given a consensus recommendation of “Moderate Buy” by the six research firms that are covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and four have given a buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is GBX 1,993.33 ($26.07).

A number of equities analysts recently commented on the stock. Berenberg Bank reiterated a “hold” rating and issued a GBX 1,800 ($23.54) target price on shares of Johnson Matthey in a research report on Tuesday, June 11th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 2,400 ($31.38) price objective on shares of Johnson Matthey in a report on Monday, June 24th.

Johnson Matthey Trading Up 1.1 %

JMAT stock opened at GBX 1,603 ($20.96) on Monday. Johnson Matthey has a one year low of GBX 1,428.50 ($18.68) and a one year high of GBX 1,917.07 ($25.07). The company has a market capitalization of £2.85 billion, a PE ratio of 2,763.79, a price-to-earnings-growth ratio of 49,242.50 and a beta of 0.95. The company’s 50 day moving average price is GBX 1,622.14 and its two-hundred day moving average price is GBX 1,687.47. The company has a debt-to-equity ratio of 63.15, a quick ratio of 0.76 and a current ratio of 1.45.

Insiders Place Their Bets

In other Johnson Matthey news, insider Stephen Oxley purchased 24 shares of Johnson Matthey stock in a transaction that occurred on Wednesday, July 17th. The shares were bought at an average price of GBX 1,695 ($22.17) per share, for a total transaction of £406.80 ($531.97). Insiders have bought a total of 69 shares of company stock valued at $111,471 in the last quarter. Insiders own 0.60% of the company’s stock.

Johnson Matthey Company Profile

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.