Johnson Matthey PLC (JMAT.L) - What Are Analysts Thinking About This Stock?

Key Points

• Analysts hold a “Moderate Buy” consensus on Johnson Matthey, with four buy ratings and two holds. The average 12-month price target is GBX 2,283.33, while recent targets from Jefferies and Deutsche Bank range from GBX 2,330 to GBX 2,400.
• Insiders recently purchased 28,608 shares worth approximately £649,000, including significant acquisitions by Liam Condon and Richard Pike. Insiders own 0.77% of the company.
• Johnson Matthey shares opened at GBX 2,418, compared with a 12-month range of GBX 2,192 to GBX 3,245.33; the company has a market capitalization of about £3.04 billion.

Johnson Matthey PLC (LON:JMAT - Get Free Report) has earned a consensus rating of "Moderate Buy" from the six brokerages that are covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is GBX 2,283.33.

Several analysts have weighed in on JMAT shares. Jefferies Financial Group reaffirmed a "buy" rating and issued a GBX 2,330 price target on shares of Johnson Matthey in a report on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a GBX 2,400 price target on shares of Johnson Matthey in a research note on Monday, July 6th.

Insider Buying and Selling at Johnson Matthey

In related news, insider Liam Condon acquired 10,951 shares of the stock in a transaction on Friday, September 11th. The stock was acquired at an average cost of GBX 2,306 per share, for a total transaction of £252,530.06. Also, insider Richard Pike bought 17,635 shares of the stock in a transaction dated Friday, September 11th. The stock was purchased at an average price of GBX 2,248 per share, with a total value of £396,434.80. Over the last 90 days, insiders purchased 28,608 shares of company stock worth $64,947,512. 0.77% of the stock is currently owned by insiders.

Johnson Matthey Stock Performance

LON JMAT opened at GBX 2,418 on Tuesday. The firm has a market cap of £3.04 billion, a P/E ratio of -31.70, a price-to-earnings-growth ratio of 49,242.50 and a beta of 0.93. The company has a quick ratio of 0.76, a current ratio of 1.56 and a debt-to-equity ratio of 69.69. The company's 50 day moving average is GBX 2,326.78 and its 200-day moving average is GBX 2,141.54. Johnson Matthey has a 12-month low of GBX 2,192 and a 12-month high of GBX 3,245.33.

About Johnson Matthey

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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