J P Morgan Chase & Co reiterated their neutral rating on shares of Johnson Matthey Plc (LON:JMAT) in a research note released on Wednesday. They currently have a GBX 3,400 ($44.72) price target on the stock.

Several other equities research analysts have also issued reports on the company. Liberum Capital reissued a hold rating and set a GBX 3,400 ($44.72) price objective on shares of Johnson Matthey Plc in a research note on Tuesday. Barclays PLC reissued an overweight rating and set a GBX 3,680 ($48.40) price objective (up previously from GBX 3,450 ($45.38)) on shares of Johnson Matthey Plc in a research note on Thursday, November 16th. Morgan Stanley lifted their price objective on Johnson Matthey Plc from GBX 3,500 ($46.03) to GBX 3,900 ($51.30) and gave the company an overweight rating in a research note on Monday, November 13th. Deutsche Bank AG lifted their price objective on Johnson Matthey Plc from GBX 3,600 ($47.35) to GBX 4,300 ($56.56) and gave the company a buy rating in a research note on Friday, September 29th. Finally, Citigroup Inc. reissued a buy rating and set a GBX 3,800 ($49.98) price objective on shares of Johnson Matthey Plc in a research note on Wednesday, August 30th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the company’s stock. Johnson Matthey Plc has a consensus rating of Hold and an average price target of GBX 3,578.30 ($47.06).

Johnson Matthey Plc (LON JMAT) opened at GBX 3,083 ($40.55) on Wednesday. Johnson Matthey Plc has a 52-week low of GBX 2,681 ($35.26) and a 52-week high of GBX 3,511 ($46.18).

Johnson Matthey Plc (LON:JMAT) last announced its quarterly earnings results on Tuesday, November 21st. The company reported GBX 99.80 ($1.31) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of GBX 100.10 ($1.32) by GBX (0.30) ($0.00). The company had revenue of GBX 647.83 billion during the quarter. Johnson Matthey Plc had a net margin of 3.24% and a return on equity of 20.36%.

In other Johnson Matthey Plc news, insider Robert MacLeod acquired 12 shares of the company’s stock in a transaction that occurred on Wednesday, September 20th. The stock was bought at an average price of GBX 2,955 ($38.87) per share, with a total value of £354.60 ($466.39). Also, insider John Walker acquired 9 shares of the company’s stock in a transaction that occurred on Wednesday, October 18th. The shares were acquired at an average cost of GBX 3,393 ($44.63) per share, with a total value of £305.37 ($401.64). Insiders have purchased 33 shares of company stock valued at $105,645 in the last three months.

TRADEMARK VIOLATION NOTICE: “J P Morgan Chase & Co Reaffirms Neutral Rating for Johnson Matthey Plc (JMAT)” was posted by Daily Political and is the property of of Daily Political. If you are reading this report on another site, it was stolen and republished in violation of international trademark and copyright legislation. The legal version of this report can be read at https://www.dailypolitical.com/2017/11/25/j-p-morgan-chase-co-reaffirms-neutral-rating-for-johnson-matthey-plc-jmat.html.

About Johnson Matthey Plc

Analyst Recommendations for Johnson Matthey Plc (LON:JMAT)

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