Johnson Matthey PLC (LON:JMAT) Insider Purchases £424.08 in Stock

Johnson Matthey PLC (LON:JMAT) insider Liam Condon acquired 24 shares of the firm’s stock in a transaction dated Wednesday, April 17th. The shares were purchased at an average cost of GBX 1,767 ($22.00) per share, for a total transaction of £424.08 ($527.92).

Johnson Matthey Trading Down 0.9 %

Johnson Matthey stock traded down GBX 16 ($0.20) during mid-day trading on Thursday, hitting GBX 1,753 ($21.82). The company’s stock had a trading volume of 354,391 shares, compared to its average volume of 694,900. The company has a 50 day moving average of GBX 1,699.10 and a 200-day moving average of GBX 1,624.93. The stock has a market cap of £3.22 billion, a PE ratio of 1,832.29, a P/E/G ratio of 49,242.50 and a beta of 0.98. The company has a debt-to-equity ratio of 63.95, a quick ratio of 0.76 and a current ratio of 1.51. Johnson Matthey PLC has a one year low of GBX 1,428.50 ($17.78) and a one year high of GBX 1,986.31 ($24.73).

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Numis Securities reissued a “buy” rating and set a GBX 2,200 ($27.39) target price on shares of Johnson Matthey in a research report on Wednesday, March 20th. Jefferies Financial Group reissued a “buy” rating and set a GBX 2,100 ($26.14) target price on shares of Johnson Matthey in a research report on Wednesday, March 20th. Finally, Berenberg Bank boosted their target price on Johnson Matthey from GBX 1,650 ($20.54) to GBX 1,800 ($22.41) and gave the company a “hold” rating in a research report on Monday, April 8th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 2,010 ($25.02).

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.