Liberum Capital restated their hold rating on shares of Johnson Matthey PLC (LON:JMAT) in a research report sent to investors on Friday. Liberum Capital currently has a GBX 3,300 ($42.99) price objective on the stock.
Other equities research analysts have also recently issued research reports about the stock. Morgan Stanley raised shares of Johnson Matthey PLC to an overweight rating and increased their price target for the company from GBX 3,000 ($39.08) to GBX 3,500 ($45.60) in a research report on Thursday, June 29th. UBS AG cut shares of Johnson Matthey PLC to a sell rating and dropped their price target for the company from GBX 3,300 ($42.99) to GBX 2,750 ($35.83) in a research report on Friday, May 19th. J P Morgan Chase & Co restated a neutral rating and issued a GBX 3,200 ($41.69) price objective on shares of Johnson Matthey PLC in a report on Friday, June 2nd. Deutsche Bank AG restated a buy rating on shares of Johnson Matthey PLC in a report on Monday, July 17th. Finally, Barclays PLC upgraded shares of Johnson Matthey PLC to an overweight rating and upped their price objective for the stock from GBX 3,380 ($44.03) to GBX 3,450 ($44.95) in a report on Wednesday. One analyst has rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the company. The stock has a consensus rating of Hold and an average price target of GBX 3,390.30 ($44.17).
Shares of Johnson Matthey PLC (LON JMAT) traded down 3.65% during trading on Friday, reaching GBX 2797.00. 840,798 shares of the company were exchanged. The stock’s market capitalization is GBX 5.36 billion. The stock has a 50-day moving average price of GBX 2,908.10 and a 200-day moving average price of GBX 3,031.61. Johnson Matthey PLC has a one year low of GBX 2,724.00 and a one year high of GBX 3,568.00.
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The business also recently disclosed a dividend, which will be paid on Tuesday, August 1st. Shareholders of record on Thursday, June 8th will be issued a GBX 54.50 ($0.71) dividend. The ex-dividend date of this dividend is Thursday, June 8th. This is a positive change from Johnson Matthey PLC’s previous dividend of $20.50. This represents a yield of 1.76%.
In other Johnson Matthey PLC news, insider Annette Kelleher purchased 12 shares of the firm’s stock in a transaction that occurred on Wednesday, June 21st. The stock was bought at an average cost of GBX 3,018 ($39.32) per share, for a total transaction of £362.16 ($471.81). Also, insider John Walker purchased 15 shares of the firm’s stock in a transaction that occurred on Wednesday, July 19th. The stock was acquired at an average price of GBX 2,881 ($37.53) per share, with a total value of £432.15 ($562.99). Insiders acquired a total of 39 shares of company stock valued at $116,859 over the last 90 days.
About Johnson Matthey PLC
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