Liam Condon Acquires 12 Shares of Johnson Matthey (LON:JMAT) Stock

Key Points

• Liam Condon, an insider at Johnson Matthey, acquired 12 shares at **GBX 2,079** each, totalling **£249.48**, on October 10th.
• Johnson Matthey's stock price increased by **1.6%**, reaching **GBX 2,100**, with analysts projecting a moderate buy consensus and a price target increase to **GBX 2,300** from Deutsche Bank.
• The company has a market cap of **£3.52 billion** and reported a 1-year low of **GBX 1,131**, highlighting its significant market volatility over the past year.

Johnson Matthey PLC (LON:JMAT - Get Free Report) insider Liam Condon purchased 12 shares of the company's stock in a transaction that occurred on Friday, October 10th. The shares were purchased at an average cost of GBX 2,079 per share, for a total transaction of £249.48.

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

• On Tuesday, August 12th, Liam Condon acquired 14 shares of Johnson Matthey stock. The stock was bought at an average cost of GBX 1,773 per share, with a total value of £248.22.

Johnson Matthey Stock Up 1.6%

Shares of Johnson Matthey stock traded up GBX 34 on Monday, hitting GBX 2,100. The company had a trading volume of 582,793 shares, compared to its average volume of 1,798,039. The stock has a market capitalization of £3.52 billion, a price-to-earnings ratio of 994.32, a P/E/G ratio of 49,242.50 and a beta of 0.95. Johnson Matthey PLC has a 1 year low of GBX 1,131 and a 1 year high of GBX 2,112. The stock has a 50 day moving average of GBX 1,912.66 and a 200-day moving average of GBX 1,678. The company has a debt-to-equity ratio of 62.73, a quick ratio of 0.76 and a current ratio of 1.45.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on JMAT shares. Deutsche Bank Aktiengesellschaft increased their price objective on Johnson Matthey from GBX 2,100 to GBX 2,300 and gave the stock a "buy" rating in a research note on Thursday. Berenberg Bank increased their price target on Johnson Matthey from GBX 1,950 to GBX 2,100 and gave the company a "hold" rating in a research report on Thursday. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of GBX 2,066.67.

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.

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