Johnson Matthey (LON:JMAT) Given Buy Rating at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft restated their buy rating on shares of Johnson Matthey (LON:JMAT) in a report issued on Monday morning, MarketBeat.com reports. The firm currently has a GBX 2,400 ($30.45) target price on the stock.

Other research analysts also recently issued reports about the company. Jefferies Financial Group restated a buy rating and set a GBX 2,100 ($26.64) price objective on shares of Johnson Matthey in a report on Wednesday, March 20th. Berenberg Bank restated a hold rating and set a GBX 1,800 ($22.83) price objective on shares of Johnson Matthey in a report on Tuesday, June 11th. Finally, Numis Securities restated a buy rating and set a GBX 2,200 ($27.91) price objective on shares of Johnson Matthey in a report on Wednesday, March 20th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, Johnson Matthey presently has a consensus rating of Moderate Buy and an average target price of GBX 1,993.33 ($25.29).

Johnson Matthey Trading Down 0.1 %

Shares of LON JMAT opened at GBX 1,594 ($20.22) on Monday. The company has a debt-to-equity ratio of 63.15, a quick ratio of 0.76 and a current ratio of 1.45. The business’s 50 day moving average price is GBX 1,734.40 and its 200-day moving average price is GBX 1,694.53. Johnson Matthey has a fifty-two week low of GBX 1,428.50 ($18.12) and a fifty-two week high of GBX 1,917.07 ($24.32). The company has a market cap of £2.92 billion, a price-to-earnings ratio of 2,701.69, a PEG ratio of 49,242.50 and a beta of 0.97.

Johnson Matthey Increases Dividend

The business also recently announced a dividend, which will be paid on Tuesday, August 6th. Shareholders of record on Thursday, June 6th will be given a dividend of GBX 55 ($0.70) per share. This represents a yield of 3.04%. The ex-dividend date is Thursday, June 6th. This is a boost from Johnson Matthey’s previous dividend of $22.00. Johnson Matthey’s dividend payout ratio (DPR) is 13,050.85%.

Insider Transactions at Johnson Matthey

In other news, insider Liam Condon purchased 24 shares of the stock in a transaction on Wednesday, April 17th. The stock was bought at an average price of GBX 1,767 ($22.42) per share, with a total value of £424.08 ($537.97). Insiders acquired 66 shares of company stock valued at $113,214 in the last quarter. 0.57% of the stock is currently owned by corporate insiders.

About Johnson Matthey

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.