Johnson Matthey (LON:JMAT) had its target price upped by HSBC from GBX 3,450 ($45.08) to GBX 3,650 ($47.69) in a research note released on Wednesday, May 22nd, ThisIsMoney.Co.Uk reports. HSBC currently has a buy rating on the stock.
A number of other analysts have also recently weighed in on JMAT. Liberum Capital reaffirmed a buy rating on shares of Johnson Matthey in a research report on Thursday, February 21st. UBS Group reissued a sell rating on shares of Johnson Matthey in a report on Thursday, May 9th. Finally, Deutsche Bank reaffirmed a buy rating on shares of Johnson Matthey in a research note on Wednesday, March 27th. One research analyst has rated the stock with a sell rating and six have given a buy rating to the stock. The company has an average rating of Buy and a consensus target price of GBX 3,738.33 ($48.85).
Johnson Matthey stock traded down GBX 45 ($0.59) during mid-day trading on Wednesday, reaching GBX 3,093 ($40.42). 604,657 shares of the company were exchanged, compared to its average volume of 691,012. Johnson Matthey has a twelve month low of GBX 2,574 ($33.63) and a twelve month high of GBX 3,873 ($50.61). The company has a current ratio of 1.64, a quick ratio of 1.00 and a debt-to-equity ratio of 50.40. The stock has a market capitalization of $5.94 billion and a price-to-earnings ratio of 14.41.
In other Johnson Matthey news, insider Anna Manz acquired 12 shares of the stock in a transaction dated Wednesday, April 17th. The stock was acquired at an average price of GBX 3,466 ($45.29) per share, with a total value of £415.92 ($543.47).
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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