JPMorgan Chase & Co. reaffirmed their neutral rating on shares of Johnson Matthey (LON:JMAT) in a research report report published on Thursday morning. JPMorgan Chase & Co. currently has a GBX 3,400 ($46.97) target price on the stock.
JMAT has been the subject of a number of other research reports. Credit Suisse Group reiterated an outperform rating and set a GBX 3,900 ($53.88) target price on shares of Johnson Matthey in a research report on Tuesday, February 20th. Morgan Stanley reiterated an overweight rating and set a GBX 3,900 ($53.88) target price on shares of Johnson Matthey in a research report on Thursday, February 1st. Barclays reiterated an overweight rating on shares of Johnson Matthey in a research report on Wednesday, December 13th. Citigroup reiterated a buy rating and set a GBX 4,000 ($55.26) target price on shares of Johnson Matthey in a research report on Tuesday, December 12th. Finally, Berenberg Bank upgraded shares of Johnson Matthey to a buy rating and increased their target price for the stock from GBX 3,350 ($46.28) to GBX 3,680 ($50.84) in a research report on Friday, January 12th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the company’s stock. The company has an average rating of Buy and an average target price of GBX 3,592.22 ($49.63).
Johnson Matthey (LON JMAT) opened at GBX 3,250 ($44.90) on Thursday. The firm has a market cap of $6,280.00 and a PE ratio of 1,710.53. Johnson Matthey has a 1 year low of GBX 2,681 ($37.04) and a 1 year high of GBX 3,511 ($48.51).
Johnson Matthey Company Profile
Johnson Matthey Plc is a specialty chemicals company. The Company operates in five divisions: Emission Control Technologies, which is a manufacturer of catalysts and catalyst systems for vehicles and industry; Process Technologies, which is a supplier of catalysts, licensing technologies and other services to the syngas, oleo/biochemical, petrochemical, oil refining and gas processing industries; Precious Metal Products, which is organized into its Services businesses, which include management, distribution, refining and recycling of precious metals, and its Manufacturing businesses, which fabricates products using precious metals or related materials, platinum group metal catalysts and platinum group metal chemicals; Fine Chemicals, which is a supplier of active pharmaceutical ingredients (API), custom services and catalyst technologies, and New Businesses, which focuses on its Battery Technologies, Atmosphere Control Technologies and Fuel Cells Businesses.
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