Johnson Matthey (LON: JMAT)‘s stock had its “neutral” rating restated by research analysts at HSBC in a report released on Friday, Analyst Ratings.Net reports. They currently have a GBX 2,825 ($42.97) target price on the stock, up from their previous target price of GBX 2,300 ($34.99). HSBC’s price objective would suggest a potential upside of 1.66% from the company’s current price.
A number of other firms have also recently commented on JMAT. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Johnson Matthey in a research note to investors on Friday, June 21st. They now have a GBX 2,950 ($44.87) price target on the stock. Separately, analysts at BNP Paribas initiated coverage on shares of Johnson Matthey in a research note to investors on Tuesday, June 18th. They set an “outperform” rating and a GBX 3,200 ($48.68) price target on the stock. Finally, analysts at Numis Securities Ltd upgraded shares of Johnson Matthey to an “add” rating in a research note to investors on Thursday, June 13th. They now have a GBX 2,855 ($43.43) price target on the stock.
Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and eight have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of GBX 2,750.76 ($41.84).
Johnson Matthey (LON: JMAT) opened at 2787.00 on Friday. Johnson Matthey has a 1-year low of GBX 2109.905 and a 1-year high of GBX 2817.00. The stock’s 50-day moving average is currently GBX 2437.67. The company’s market cap is £5.648 billion.
Johnson Matthey Plc is a global specialty chemicals company operating in three divisions: Environmental Technologies, Precious Metal Products and Fine Chemicals.