Johnson Matthey (LON:JMAT) Stock Rating Reaffirmed by Berenberg Bank - MarketBeat - Financial Daily News Site

Johnson Matthey (LON:JMAT) Stock Rating Reaffirmed by Berenberg Bank – MarketBeat

Johnson Matthey (LON:JMAT – Get Rating)‘s stock had its “buy” rating restated by Berenberg Bank in a report released on Friday, MarketBeat.com reports. They currently have a GBX 2,550 ($32.09) price objective on the stock. Berenberg Bank’s price objective would suggest a potential upside of 14.97% from the stock’s previous close.

A number of other research analysts also recently commented on the stock. Morgan Stanley reaffirmed an “equal weight” rating on shares of Johnson Matthey in a research report on Wednesday, May 11th. Barclays reaffirmed an “equal weight” rating and set a GBX 2,110 ($26.55) price objective on shares of Johnson Matthey in a research report on Friday, April 29th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 2,000 ($25.17) price objective on shares of Johnson Matthey in a research report on Monday, April 11th. Five research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of GBX 2,300 ($28.94).

Johnson Matthey stock opened at GBX 2,218 ($27.91) on Friday. The firm’s 50 day simple moving average is GBX 2,053.54 and its 200-day simple moving average is GBX 2,008.28. Johnson Matthey has a fifty-two week low of GBX 1,650 ($20.76) and a fifty-two week high of GBX 3,231 ($40.66). The company has a market cap of £4.08 billion and a P/E ratio of 28.00. The company has a debt-to-equity ratio of 54.77, a current ratio of 1.34 and a quick ratio of 0.72.

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In other Johnson Matthey news, insider Stephen Oxley bought 15 shares of Johnson Matthey stock in a transaction on Wednesday, May 18th. The stock was purchased at an average cost of GBX 2,349 ($29.56) per share, for a total transaction of £352.35 ($443.37).

Johnson Matthey Company Profile (Get Rating)

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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Analyst Recommendations for Johnson Matthey (LON:JMAT)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]

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