Insider Buying: Johnson Matthey (LON:JMAT) Insider Purchases £198,985.20 in Stock

Johnson Matthey PLC (LON:JMAT) insider Andrew Cosslett purchased 10,495 shares of the company’s stock in a transaction on Tuesday, August 26th. The shares were purchased at an average price of GBX 1,896 per share, for a total transaction of £198,985.20.

Johnson Matthey Stock Up 0.4%

Johnson Matthey stock opened at GBX 1,930 on Friday. The company has a debt-to-equity ratio of 62.73, a quick ratio of 0.76 and a current ratio of 1.45. The business’s 50-day simple moving average is GBX 1,817.47 and its two-hundred day simple moving average is GBX 1,562.81. The company has a market cap of £3.23 billion, a PE ratio of 32.80, a PEG ratio of 49,242.50 and a beta of 0.95. Johnson Matthey PLC has a fifty-two week low of GBX 1,131 and a fifty-two week high of GBX 1,933.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank boosted their price target on Johnson Matthey from GBX 1,800 to GBX 1,950 and gave the company a “hold” rating in a research note on Monday, July 21st. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,875.

Johnson Matthey Company Profile

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.