Johnson Matthey PLC (LON:JMAT) Insider Buys £424.08 in Stock

Johnson Matthey PLC (LON:JMAT - Get Free Report) insider Liam Condon acquired 24 shares of the stock in a transaction dated Wednesday, April 17th. The stock was purchased at an average cost of GBX 1,767 ($22.00) per share, with a total value of £424.08 ($527.92).

Johnson Matthey Stock Performance

Shares of Johnson Matthey stock traded down GBX 16 ($0.20) during trading hours on Thursday, hitting GBX 1,753 ($21.82). 281,033 shares of the company's stock traded hands, compared to its average volume of 694,900. Johnson Matthey PLC has a 12-month low of GBX 1,428.50 ($17.78) and a 12-month high of GBX 1,986.31 ($24.73). The stock has a market capitalization of £3.22 billion, a price-to-earnings ratio of 1,826.04, a PEG ratio of 49,242.50 and a beta of 0.98. The company has a fifty day simple moving average of GBX 1,702.30 and a 200-day simple moving average of GBX 1,625.82. The company has a debt-to-equity ratio of 63.95, a current ratio of 1.51 and a quick ratio of 0.76.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Numis Securities reissued a "buy" rating and set a GBX 2,200 ($27.39) target price on shares of Johnson Matthey in a research report on Wednesday, March 20th. Berenberg Bank increased their target price on Johnson Matthey from GBX 1,650 ($20.54) to GBX 1,800 ($22.41) and gave the stock a "hold" rating in a report on Monday, April 8th. Finally, Jefferies Financial Group reiterated a "buy" rating and issued a GBX 2,100 ($26.14) target price on shares of Johnson Matthey in a report on Wednesday, March 20th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of GBX 2,010 ($25.02).

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.