Johnson Matthey PLC (LON:JMAT) Buy Rating Reaffirmed Today By Deutsche Bank; The Price Target is GBX 3450.00

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Johnson Matthey PLC (LON:JMAT) Rating Reaffirmed

Johnson Matthey PLC (LON:JMAT) just had their share rating of a ‘Buy’ issued by research analysts at Deutsche Bank, who now has a GBX 3450.00 TP on the 5.81 billion GBP market cap company or a 21.66% upside potential. This key information was revealed to investors in an analyst note on Thursday morning.

From a total of 12 analysts covering Johnson Matthey PLC (LON:JMAT) stock, 7 rate it a ”Buy”, 0 a “Sell”, and 7 a ”Hold”. This means that 50% of the ratings are positive. The highest target price is GBX 3815 while the lowest target price is GBX 2550. The mean of all analyst targets is GBX 3183 with a 10.68% above today’s (GBX 2835.83) stock price. Johnson Matthey PLC was the topic of 48 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Numis Securities maintained shares on December 1 with “Add” rating. UBS maintained shares with “Neutral” rating and GBX 2680 target share price in a report from a November 19. HSBC maintained JMAT stock in a recent report from November 20 with “Buy” rating. Liberum Capital maintained the rating on November 19. Liberum Capital has a “Hold” rating and a GBX 2900 price target on shares. Finally, Citigroup maintained the stock with “Buy” rating in a report issued on a November 20.

The stock increased 0.88% or GBX 24.83 on December 2, striking GBX 2835.83. Approximately 566,944 shares of stock traded hands. Johnson Matthey PLC (LON:JMAT) has declined 8.34% since May 6, 2015 and is downtrending. It has underperformed by 8.14% the S&P500.

Johnson Matthey PLC (LON:JMAT) Buy Rating Reaffirmed Today By Deutsche Bank; The Price Target is GBX 3450.00

Johnson Matthey PLC is a specialty chemicals company. The company has a market cap of 5.81 billion GBP. The Firm operates in five divisions: Emission Control Technologies, Process Technologies, Precious Metal Products, Fine Chemicals and New Businesses. It has 10.77 P/E ratio. Emission Control Technologies is a maker of catalysts and catalyst systems for vehicles and industry.

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