Johnson Matthey PLC (LON:JMAT) insider Anna Manz acquired 18 shares of the business’s stock in a transaction on Wednesday, May 20th. The stock was acquired at an average price of GBX 2,024 ($26.62) per share, for a total transaction of £364.32 ($479.24).
LON:JMAT opened at GBX 2,029 ($26.69) on Friday. The company’s 50 day moving average price is GBX 1,919.49 and its 200-day moving average price is GBX 2,530.98. Johnson Matthey PLC has a 52 week low of GBX 1,614 ($21.23) and a 52 week high of GBX 3,410 ($44.86). The company has a quick ratio of 0.90, a current ratio of 1.54 and a debt-to-equity ratio of 59.25. The stock has a market cap of $3.93 billion and a price-to-earnings ratio of 10.13.
JMAT has been the topic of a number of recent research reports. Barclays cut their price objective on shares of Johnson Matthey from GBX 3,330 ($43.80) to GBX 2,650 ($34.86) and set an “equal weight” rating on the stock in a report on Tuesday, April 7th. Bank of America cut shares of Johnson Matthey to an “underperform” rating in a report on Monday, January 27th. Sanford C. Bernstein cut their price objective on shares of Johnson Matthey from GBX 4,100 ($53.93) to GBX 3,500 ($46.04) and set an “outperform” rating on the stock in a report on Monday, March 30th. Credit Suisse Group cut their price objective on shares of Johnson Matthey from GBX 3,800 ($49.99) to GBX 3,200 ($42.09) and set an “outperform” rating on the stock in a report on Wednesday, April 1st. Finally, Liberum Capital reiterated a “buy” rating on shares of Johnson Matthey in a report on Tuesday, May 12th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and seven have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 2,855.56 ($37.56).
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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