Johnson Matthey (LON:JMAT) Insider Purchases £243.30 in Stock

Johnson Matthey PLC (LON:JMAT) insider Liam Condon bought 10 shares of the business’s stock in a transaction that occurred on Wednesday, November 11th. The shares were acquired at an average cost of GBX 2,433 per share, for a total transaction of £243.30.

Liam Condon also recently made the following trade(s):

• On Friday, September 11th, Liam Condon bought 10,951 shares of Johnson Matthey stock. The shares were acquired at an average price of GBX 2,306 per share, for a total transaction of £252,530.06.

Johnson Matthey Price Performance

Johnson Matthey stock opened at GBX 2,391.92 on Friday. The company has a quick ratio of 0.76, a current ratio of 1.56 and a debt-to-equity ratio of 69.69. Johnson Matthey PLC has a 52-week low of GBX 2,192 and a 52-week high of GBX 3,245.33. The firm has a market cap of £2.97 billion, a PE ratio of -31.36, a price-to-earnings-growth ratio of 49,242.50 and a beta of 0.88. The company’s 50 day moving average is GBX 2,391.67 and its two-hundred day moving average is GBX 2,156.50.

Wall Street Analysts Forecast Growth

JMAT has been the topic of several analyst reports. Berenberg Bank increased their price objective on Johnson Matthey from GBX 2,300 to GBX 2,550 and gave the company a “buy” rating in a research note on Wednesday, October 28th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 2,770 target price on shares of Johnson Matthey in a report on Thursday. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Johnson Matthey currently has an average rating of “Moderate Buy” and an average target price of GBX 2,458.

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. Today more than 13,000 Johnson Matthey professionals collaborate with their network of customers and partners to make a real difference to the world around us.