Johnson Matthey PLC (LON:JMAT) Insider Purchases £248.22 in Stock

Key Points

• Liam Condon, an insider at Johnson Matthey PLC, made multiple recent stock purchases totaling approximately £248.22 in value.
• The stock price rose 0.8% on Wednesday, reaching GBX 1,803 ($24.34), with trading volume significantly lower than its average.
• Berenberg Bank upgraded their target price for Johnson Matthey from GBX 1,800 to GBX 1,950, maintaining a "hold" rating.

Johnson Matthey PLC (LON:JMAT - Get Free Report) insider Liam Condon purchased 14 shares of the firm's stock in a transaction dated Tuesday, August 12th. The stock was purchased at an average cost of GBX 1,773 ($23.94) per share, for a total transaction of £248.22 ($335.12).

Liam Condon also recently made the following trade(s):

• On Wednesday, June 18th, Liam Condon purchased 14 shares of Johnson Matthey stock. The stock was purchased at an average cost of GBX 1,719 ($23.21) per share, for a total transaction of £240.66 ($324.91).
• On Wednesday, May 21st, Liam Condon purchased 18 shares of Johnson Matthey stock. The stock was purchased at an average cost of GBX 1,384 ($18.69) per share, for a total transaction of £249.12 ($336.33).

Johnson Matthey Trading Up 0.8%

Shares of Johnson Matthey stock traded up GBX 14 ($0.19) during trading on Wednesday, reaching GBX 1,803 ($24.34). 354,143 shares of the stock were exchanged, compared to its average volume of 1,998,491. The company has a quick ratio of 0.76, a current ratio of 1.45 and a debt-to-equity ratio of 62.73. The stock's fifty day moving average is GBX 1,779.75 and its 200 day moving average is GBX 1,525.91. The firm has a market cap of £3.01 billion, a price-to-earnings ratio of 30.64, a price-to-earnings-growth ratio of 49,242.50 and a beta of 0.95. Johnson Matthey PLC has a 1 year low of GBX 1,131 ($15.27) and a 1 year high of GBX 1,901 ($25.66).

Johnson Matthey (LON:JMAT - Get Free Report) last announced its earnings results on Thursday, May 22nd. The company reported GBX 149.20 ($2.01) earnings per share for the quarter. Johnson Matthey had a net margin of 0.84% and a return on equity of 4.49%. As a group, equities research analysts expect that Johnson Matthey PLC will post 173.4112903 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Berenberg Bank increased their target price on Johnson Matthey from GBX 1,800 ($24.30) to GBX 1,950 ($26.33) and gave the company a "hold" rating in a research note on Monday, July 21st.

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.

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