J P Morgan Chase & Co reissued their neutral rating on shares of Johnson Matthey PLC (LON:JMAT) in a report released on Monday, July 31st. They currently have a GBX 3,200 ($41.54) price objective on the stock.
JMAT has been the topic of several other research reports. Deutsche Bank AG restated a buy rating and set a GBX 3,600 ($46.74) price target on shares of Johnson Matthey PLC in a research note on Friday, June 16th. Liberum Capital restated a hold rating and set a GBX 3,300 ($42.84) price target on shares of Johnson Matthey PLC in a research note on Friday, July 28th. Barclays PLC upgraded Johnson Matthey PLC to an overweight rating and lifted their target price for the company from GBX 3,380 ($43.88) to GBX 3,450 ($44.79) in a research note on Wednesday, July 26th. Morgan Stanley upgraded Johnson Matthey PLC to an overweight rating and lifted their target price for the company from GBX 3,000 ($38.95) to GBX 3,500 ($45.44) in a research note on Thursday, June 29th. Finally, UBS AG lowered Johnson Matthey PLC to a sell rating and cut their target price for the company from GBX 3,300 ($42.84) to GBX 2,750 ($35.70) in a research note on Friday, May 19th. One analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company. The company presently has a consensus rating of Hold and a consensus target price of GBX 3,390.30 ($44.01).
Johnson Matthey PLC (JMAT) opened at 2781.00 on Monday. The stock’s market capitalization is GBX 5.33 billion. Johnson Matthey PLC has a 12 month low of GBX 2,702.00 and a 12 month high of GBX 3,568.00. The firm’s 50-day moving average is GBX 2,824.14 and its 200-day moving average is GBX 2,989.52.
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The firm also recently declared a dividend, which was paid on Tuesday, August 1st. Shareholders of record on Thursday, June 8th were issued a GBX 54.50 ($0.71) dividend. This represents a yield of 1.76%. The ex-dividend date of this dividend was Thursday, June 8th. This is an increase from Johnson Matthey PLC’s previous dividend of $20.50.
In other news, insider Jane Griffiths bought 2,671 shares of the firm’s stock in a transaction that occurred on Monday, July 31st. The stock was purchased at an average price of GBX 2,786 ($36.17) per share, with a total value of £74,414.06 ($96,604.00). Also, insider Annette Kelleher bought 12 shares of the firm’s stock in a transaction that occurred on Wednesday, June 21st. The shares were purchased at an average cost of GBX 3,018 ($39.18) per share, with a total value of £362.16 ($470.15). In the last three months, insiders acquired 2,710 shares of company stock valued at $7,553,921.
Johnson Matthey PLC Company Profile
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