Insider Buying: Johnson Matthey (LON:JMAT) Insider Purchases £243.30 in Stock

Johnson Matthey PLC (LON:JMAT) insider Alastair Judge bought 10 shares of the firm’s stock in a transaction that occurred on Wednesday, November 11th. The stock was acquired at an average price of GBX 2,433 per share, for a total transaction of £243.30.

Alastair Judge also recently made the following trade(s):

• On Monday, October 12th, Alastair Judge purchased 10 shares of Johnson Matthey stock. The shares were acquired at an average price of GBX 2,471 per share, with a total value of £247.10.

Johnson Matthey Trading Up 1.2%

LON JMAT traded up GBX 28 during trading on Wednesday, hitting GBX 2,428. 275,418 shares of the company’s stock traded hands, compared to its average volume of 1,903,049. The stock has a fifty day moving average of GBX 2,382.13 and a two-hundred day moving average of GBX 2,155.77. Johnson Matthey PLC has a 12-month low of GBX 2,192 and a 12-month high of GBX 3,245.33. The firm has a market cap of £3.01 billion, a P/E ratio of -31.84, a PEG ratio of 49,242.50 and a beta of 0.88. The company has a debt-to-equity ratio of 69.69, a current ratio of 1.56 and a quick ratio of 0.76.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on JMAT shares. Berenberg Bank increased their target price on Johnson Matthey from GBX 2,300 to GBX 2,550 and gave the company a “buy” rating in a report on Wednesday, October 28th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 2,330 price objective on shares of Johnson Matthey in a research report on Tuesday, August 4th. Four research analysts have 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 currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 2,370.

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. Today more than 13,000 Johnson Matthey professionals collaborate with their network of customers and partners to make a real difference to the world around us.