Analysts at Deutsche Bank Reiterated their Past ‘”Buy”’ rating on Shares Johnson Matthey PLC (LON:JMAT), Set a GBX 3450.00 PT

Share

Johnson Matthey PLC (LON:JMAT) Rating Reaffirmed

Recently, In an interesting research report announced on Friday, 4 December, Johnson Matthey PLC (LON:JMAT) shares have had their “Buy” Rating reconfirmed by stock analysts at Deutsche Bank, who currently has a GBX 3450.00 target PPS on company. This target by Deutsche Bank indicates the possibile upside of 25.34% from the last close price.

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 3212.17 with a 15.97% above today’s (GBX 2715) stock price. Johnson Matthey PLC was the topic of 50 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Morgan Stanley maintained shares on December 3 with “Equalwt/In-Line” rating. JP Morgan maintained shares with “Neutral” rating and GBX 2650 target share price in a report from a November 20. Numis Securities maintained JMAT stock in a recent report from December 1 with “Add” rating. UBS maintained the rating on November 19. UBS has a “Neutral” rating and a GBX 2680 price target on shares. Finally, HSBC maintained the stock with “Buy” rating in a report issued on a November 20.

Approximately 10,485 shares of stock traded hands. Johnson Matthey PLC (LON:JMAT) has declined 11.53% since May 7, 2015 and is downtrending. It has underperformed by 8.75% the S&P500.

Analysts at Deutsche Bank Reiterated their Past ‘

Johnson Matthey PLC is a specialty chemicals company. The company has a market cap of 5.52 billion GBP. The Firm operates in five divisions: Emission Control Technologies, Process Technologies, Precious Metal Products, Fine Chemicals and New Businesses. It has 10.32 P/E ratio. Emission Control Technologies is a maker of catalysts and catalyst systems for vehicles and industry.

COMMENTS: