Insider Buying: Johnson Matthey PLC (LON:JMAT) Insider Purchases £390.15 in Stock

Johnson Matthey PLC (LON:JMAT) insider Liam Condon purchased 27 shares of the stock in a transaction on Wednesday, March 19th. The shares were acquired at an average cost of GBX 1,445 ($18.66) per share, with a total value of £390.15 ($503.74).

Liam Condon also recently made the following trade(s):

• On Wednesday, January 22nd, Liam Condon purchased 30 shares of Johnson Matthey stock. The shares were acquired at an average cost of GBX 1,362 ($17.59) per share, with a total value of £408.60 ($527.57).

Johnson Matthey Stock Down 2.0 %

Shares of LON:JMAT opened at GBX 1,387 ($17.91) on Friday. Johnson Matthey PLC has a 52-week low of GBX 1,295.54 ($16.73) and a 52-week high of GBX 1,917.07 ($24.75). The firm has a market capitalization of £2.32 billion, a P/E ratio of 23.57, a P/E/G ratio of 49,242.50 and a beta of 0.95. The stock has a 50 day moving average price of GBX 1,423.24 and a 200-day moving average price of GBX 1,457.29. The company has a debt-to-equity ratio of 62.73, a quick ratio of 0.76 and a current ratio of 1.45.

Analyst Ratings Changes

A number of research analysts have commented on the company. Berenberg Bank lowered their price target on Johnson Matthey from GBX 1,650 ($21.30) to GBX 1,500 ($19.37) and set a “hold” rating for the company in a research report on Thursday, November 28th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 1,800 ($23.24) target price on shares of Johnson Matthey in a research report on Tuesday, December 17th.

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.