Johnson Matthey (LON:JMAT) Earns “Sell” Rating from UBS Group

UBS Group reissued their sell rating on shares of Johnson Matthey (LON:JMAT) in a research note published on Tuesday, ThisIsMoney.Co.Uk reports.

A number of other research analysts have also weighed in on JMAT. Deutsche Bank reiterated a buy rating on shares of Johnson Matthey in a research note on Thursday, July 18th. Credit Suisse Group initiated coverage on shares of Johnson Matthey in a research note on Monday, September 2nd. They issued an outperform rating and a GBX 4,200 ($54.88) price objective for the company. HSBC lifted their price objective on shares of Johnson Matthey from GBX 3,650 ($47.69) to GBX 3,750 ($49.00) and gave the company a buy rating in a research note on Wednesday, June 5th. Liberum Capital reiterated a buy rating on shares of Johnson Matthey in a research note on Monday, September 16th. Finally, Berenberg Bank reiterated a buy rating on shares of Johnson Matthey in a research note on Tuesday, August 20th. One investment analyst has rated the stock with a sell rating and six have assigned a buy rating to the company. The stock presently has a consensus rating of Buy and a consensus target price of GBX 3,804.29 ($49.71).

Johnson Matthey stock opened at GBX 3,100 ($40.51) on Tuesday. Johnson Matthey has a 1-year low of GBX 2,574 ($33.63) and a 1-year high of GBX 3,692 ($48.24). The firm has a market capitalization of $6.00 billion and a price-to-earnings ratio of 14.45. The company has a current ratio of 1.64, a quick ratio of 0.95 and a debt-to-equity ratio of 50.40. The firm has a 50 day simple moving average of GBX 2,983.26 and a 200 day simple moving average of GBX 3,160.17.

In other news, insider Anna Manz purchased 12 shares of Johnson Matthey stock in a transaction dated Wednesday, September 18th. The stock was purchased at an average cost of GBX 3,136 ($40.98) per share, for a total transaction of £376.32 ($491.73). Also, insider Robert MacLeod sold 6,696 shares of the business’s stock in a transaction on Friday, August 2nd. The shares were sold at an average price of GBX 3,166 ($41.37), for a total transaction of £211,995.36 ($277,009.49). Insiders purchased a total of 36 shares of company stock valued at $110,472 over the last quarter.

Johnson Matthey Company Profile

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.

Featured Article: Buy Rating

Analyst Recommendations for Johnson Matthey (LON:JMAT)

Receive News & Ratings for Johnson Matthey Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Johnson Matthey and related companies with MarketBeat.com's FREE daily email newsletter.



Comments


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit