Insider Buying: Johnson Matthey PLC (LON:JMAT) Insider Purchases £354.24 in Stock

Johnson Matthey PLC (LON:JMAT – Get Rating) insider Stephen Oxley purchased 18 shares of the business’s stock in a transaction on Wednesday, March 15th. The stock was purchased at an average cost of GBX 1,968 ($23.99) per share, with a total value of £354.24 ($431.74).

Stephen Oxley also recently made the following trade(s):

• On Wednesday, February 15th, Stephen Oxley acquired 18 shares of Johnson Matthey stock. The stock was acquired at an average price of GBX 2,253 ($27.46) per share, for a total transaction of £405.54 ($494.26).
• On Wednesday, December 21st, Stephen Oxley bought 18 shares of Johnson Matthey stock. The shares were acquired at an average price of GBX 2,147 ($26.17) per share, with a total value of £386.46 ($471.01).

Johnson Matthey Stock Down 1.2 %

Shares of JMAT opened at GBX 1,944.50 ($23.70) on Friday. Johnson Matthey PLC has a 1 year low of GBX 1,755 ($21.39) and a 1 year high of GBX 2,536 ($30.91). The company has a debt-to-equity ratio of 55.37, a current ratio of 1.38 and a quick ratio of 0.76. The stock has a 50 day simple moving average of GBX 2,184.03 and a two-hundred day simple moving average of GBX 2,068.48. The firm has a market cap of £3.57 billion, a P/E ratio of 1,279.28, a P/E/G ratio of 49,242.50 and a beta of 1.00.

Analyst Upgrades and Downgrades

Several analysts have weighed in on JMAT shares. Numis Securities reaffirmed a “buy” rating and issued a GBX 2,400 ($29.25) price target on shares of Johnson Matthey in a report on Tuesday, January 31st. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a GBX 2,300 ($28.03) target price on shares of Johnson Matthey in a research note on Thursday, November 24th. Barclays reissued a “neutral” rating and issued a GBX 1,900 ($23.16) price target on shares of Johnson Matthey in a research note on Thursday, November 24th. Finally, Berenberg Bank raised their price objective on shares of Johnson Matthey from GBX 2,200 ($26.81) to GBX 2,350 ($28.64) and gave the company a “buy” rating in a research report on Thursday, November 24th. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of GBX 2,221.43 ($27.07).

About Johnson Matthey

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Johnson Matthey is a global leader in science that enables a cleaner and healthier world. With over 200 years of sustained commitment to innovation and technological breakthroughs, they improve the function, performance and safety of their customers’ products. Their science has a global impact in areas such as low emission transport, pharmaceuticals, chemical processing and making the most efficient use of the planet’s natural resources.