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

Shares of Johnson Matthey PLC (LON:JMAT) have received a consensus rating of “Moderate Buy” from the six research firms that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price target among brokers that have covered the stock in the last year is GBX 1,993.33 ($26.33).

A number of analysts recently weighed in on JMAT shares. Berenberg Bank reissued a “hold” rating and issued a GBX 1,800 ($23.78) target price on shares of Johnson Matthey in a research note on Tuesday, June 11th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 2,400 ($31.70) target price on shares of Johnson Matthey in a research note on Monday, June 24th.

Insider Buying and Selling at Johnson Matthey

In other news, insider Liam Condon purchased 21 shares of Johnson Matthey stock in a transaction on Wednesday, September 18th. The shares were purchased at an average cost of GBX 1,598 ($21.11) per share, for a total transaction of £335.58 ($443.30). In related news, insider Stephen Oxley bought 24 shares of Johnson Matthey stock in a transaction dated Wednesday, July 17th. The shares were bought at an average cost of GBX 1,695 ($22.39) per share, for a total transaction of £406.80 ($537.38). Also, insider Liam Condon bought 21 shares of Johnson Matthey stock in a transaction dated Wednesday, September 18th. The shares were bought at an average price of GBX 1,598 ($21.11) per share, for a total transaction of £335.58 ($443.30). Insiders have bought a total of 66 shares of company stock worth $107,901 over the last ninety days. Corporate insiders own 0.61% of the company’s stock.

Johnson Matthey Stock Performance

LON JMAT opened at GBX 1,468 ($19.39) on Monday. The stock has a market cap of £2.59 billion, a P/E ratio of 2,534.48, a PEG ratio of 49,242.50 and a beta of 0.95. The company’s 50-day simple moving average is GBX 1,613.66 and its 200 day simple moving average is GBX 1,687.51. Johnson Matthey has a twelve month low of GBX 1,428.50 ($18.87) and a twelve month high of GBX 1,917.07 ($25.32). The company has a quick ratio of 0.76, a current ratio of 1.45 and a debt-to-equity ratio of 63.15.

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.