Johnson Matthey PLC (LON:JMAT)’s share price fell 0% on Monday . The stock traded as low as GBX 3,090 ($42.69) and last traded at GBX 3,109 ($42.95). 833,076 shares changed hands during trading, an increase of 11% from the average session volume of 751,934 shares. The stock had previously closed at GBX 3,109 ($42.95).

Several research firms have weighed in on JMAT. Morgan Stanley restated an “overweight” rating and set a GBX 3,900 ($53.88) price target on shares of Johnson Matthey in a report on Thursday, February 1st. Liberum Capital reiterated a “hold” rating on shares of Johnson Matthey in a report on Wednesday, January 24th. Credit Suisse Group reiterated an “outperform” rating and issued a GBX 3,900 ($53.88) target price on shares of Johnson Matthey in a report on Thursday, February 1st. Deutsche Bank reiterated a “buy” rating and issued a GBX 3,800 ($52.50) target price on shares of Johnson Matthey in a report on Wednesday, January 31st. Finally, Barclays lifted their target price on Johnson Matthey from GBX 3,510 ($48.49) to GBX 3,700 ($51.12) and gave the stock an “overweight” rating in a report on Tuesday, January 30th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company’s stock. Johnson Matthey has a consensus rating of “Buy” and an average target price of GBX 3,592.22 ($49.63).

The company has a market capitalization of $6,020.00 and a price-to-earnings ratio of 1,636.32.

Johnson Matthey (LON:JMAT) last announced its earnings results on Tuesday, November 21st. The company reported GBX 99.80 ($1.38) EPS for the quarter, missing the Zacks’ consensus estimate of GBX 100.10 ($1.38) by GBX (0.30) ($0.00). The company had revenue of GBX 647.83 billion during the quarter. Johnson Matthey had a return on equity of 14.99% and a net margin of 2.60%.

The firm also recently declared a dividend, which was paid on Tuesday, February 6th. Investors of record on Thursday, November 30th were paid a dividend of GBX 21.75 ($0.30) per share. This represents a dividend yield of 0.71%. The ex-dividend date was Thursday, November 30th.

In other Johnson Matthey news, insider Robert MacLeod purchased 12 shares of the firm’s stock in a transaction that occurred on Wednesday, January 17th. The stock was purchased at an average cost of GBX 3,273 ($45.22) per share, with a total value of £392.76 ($542.64).

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Johnson Matthey Company Profile

Johnson Matthey Plc is a specialty chemicals company. The Company operates in five divisions: Emission Control Technologies, which is a manufacturer of catalysts and catalyst systems for vehicles and industry; Process Technologies, which is a supplier of catalysts, licensing technologies and other services to the syngas, oleo/biochemical, petrochemical, oil refining and gas processing industries; Precious Metal Products, which is organized into its Services businesses, which include management, distribution, refining and recycling of precious metals, and its Manufacturing businesses, which fabricates products using precious metals or related materials, platinum group metal catalysts and platinum group metal chemicals; Fine Chemicals, which is a supplier of active pharmaceutical ingredients (API), custom services and catalyst technologies, and New Businesses, which focuses on its Battery Technologies, Atmosphere Control Technologies and Fuel Cells Businesses.

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