Johnson Matthey 29% Potential Upside Indicated by Credit Suisse

Broker Ratings
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Johnson Matthey using EPIC/TICKER code (LON:JMAT) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at Credit Suisse. Johnson Matthey are listed in the Basic Materials sector within UK Main Market. Credit Suisse have set their target price at 3900 GBX on its stock. This would imply the analyst believes there is now a potential upside of 29.0% from today’s opening price of 3023 GBX. Over the last 30 and 90 trading days the company share price has decreased 6 points and decreased 184 points respectively. The 52 week high for the stock is 3475 GBX while the 52 week low for the stock is 2574 GBX.

Johnson Matthey has a 50 day moving average of 3,007.70 GBX and the 200 Day Moving Average price is recorded at 3,154.37. There are currently 193,533,430 shares in issue with the average daily volume traded being 708,605. Market capitalisation for LON:JMAT is £5,912,446,286 GBP.

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