Deutsche Bank Aktiengesellschaft reiterated their buy rating on shares of Johnson Matthey (LON:JMAT – Free Report) in a report released on Monday morning, Marketbeat Ratings reports. The brokerage currently has a GBX 2,400 ($30.45) price target on the stock.
A number of other research analysts also recently issued reports on JMAT. Jefferies Financial Group restated a buy rating and issued a GBX 2,100 ($26.64) price target on shares of Johnson Matthey in a research report on Wednesday, March 20th. Numis Securities restated a buy rating and set a GBX 2,200 ($27.91) price target on shares of Johnson Matthey in a research report on Wednesday, March 20th. Finally, Berenberg Bank reaffirmed a hold rating and issued a GBX 1,800 ($22.83) price objective on shares of Johnson Matthey in a research note on Tuesday, June 11th. One analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of Moderate Buy and a consensus price target of GBX 1,993.33 ($25.29).
View Our Latest Report on Johnson Matthey
Johnson Matthey Stock Down 0.1 %
Johnson Matthey Increases Dividend
The firm also recently declared a dividend, which will be paid on Tuesday, August 6th. Shareholders of record on Thursday, June 6th will be issued a GBX 55 ($0.70) dividend. This represents a yield of 3.04%. The ex-dividend date is Thursday, June 6th. This is a positive change from Johnson Matthey’s previous dividend of $22.00. Johnson Matthey’s payout ratio is 13,050.85%.
Insider Transactions at Johnson Matthey
In other Johnson Matthey news, insider Stephen Oxley bought 24 shares of the business’s stock in a transaction on Wednesday, June 19th. The shares were bought at an average cost of GBX 1,547 ($19.62) per share, for a total transaction of £371.28 ($470.99). In related news, insider Stephen Oxley purchased 24 shares of the stock in a transaction dated Wednesday, June 19th. The stock was bought at an average cost of GBX 1,547 ($19.62) per share, with a total value of £371.28 ($470.99). Also, insider Liam Condon bought 18 shares of the stock in a transaction that occurred on Wednesday, May 15th. The shares were acquired at an average cost of GBX 1,871 ($23.73) per share, with a total value of £336.78 ($427.22). In the last quarter, insiders have bought 66 shares of company stock valued at $113,214. 0.57% of the stock is owned by 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.
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