Johnson Matthey Plc (LON:JMAT)’s share price traded up 0% during mid-day trading on Monday . The company traded as high as GBX 3,142 ($42.29) and last traded at GBX 3,060 ($41.18). 942,295 shares changed hands during trading, an increase of 35% from the average session volume of 697,918 shares. The stock had previously closed at GBX 3,060 ($41.18).
A number of equities analysts have recently issued reports on the company. Morgan Stanley reissued an “overweight” rating and set a GBX 3,500 ($47.11) price target on shares of Johnson Matthey in a research report on Sunday, September 24th. Liberum Capital reissued a “hold” rating on shares of Johnson Matthey in a research report on Wednesday, September 13th. J P Morgan Chase & Co reissued a “neutral” rating and set a GBX 3,400 ($45.76) price target on shares of Johnson Matthey in a research report on Wednesday, November 22nd. Barclays reaffirmed an “overweight” rating and set a GBX 3,680 ($49.53) price objective (up previously from GBX 3,450 ($46.43)) on shares of Johnson Matthey in a research report on Thursday, November 16th. Finally, Citigroup reaffirmed a “buy” rating and set a GBX 3,800 ($51.14) price objective on shares of Johnson Matthey in a research report 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 issued a buy rating to the company’s stock. Johnson Matthey currently has a consensus rating of “Hold” and a consensus target price of GBX 3,578.30 ($48.16).
Johnson Matthey (LON:JMAT) last issued its quarterly earnings data on Tuesday, November 21st. The company reported GBX 99.80 ($1.34) earnings per share for the quarter, missing analysts’ consensus estimates of GBX 100.10 ($1.35) by GBX (0.30) ($0.00). Johnson Matthey had a net margin of 3.24% and a return on equity of 20.36%. The company had revenue of GBX 647.83 billion for the quarter.
The firm also recently declared a dividend, which will be paid on Tuesday, February 6th. Shareholders of record on Thursday, November 30th will be paid a GBX 21.75 ($0.29) dividend. This represents a yield of 0.71%. The ex-dividend date of this dividend is Thursday, November 30th.
In other Johnson Matthey news, insider John Walker purchased 9 shares of the firm’s stock in a transaction on Wednesday, October 18th. The stock was bought at an average cost of GBX 3,393 ($45.67) per share, for a total transaction of £305.37 ($411.00). Also, insider Robert MacLeod purchased 12 shares of the firm’s stock in a transaction on Wednesday, September 20th. The stock was acquired at an average price of GBX 2,955 ($39.77) per share, with a total value of £354.60 ($477.25). Over the last quarter, insiders acquired 33 shares of company stock valued at $105,645.
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Johnson Matthey Company Profile
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