Johnson Matthey PLC 21.3% potential upside indicated by Morgan Stanley

Johnson Matthey PLC with ticker (LON:JMAT) now has a potential upside of 21.3% according to Morgan Stanley.



Morgan Stanley set a target price of 2,400 GBX for the company, which when compared to the Johnson Matthey PLC share price of 1,890 GBX at opening today (28/01/2022) indicates a potential upside of 21.3%. Trading has ranged between 1,838 (52 week low) and 3,363 (52 week high) with an average of 1,349,595 shares exchanging hands daily. The market capitalisation at the time of writing is £3,564,045,028.

Johnson Matthey Plc is a United Kingdom-based company, which provides catalysts and catalyst systems to reduce emissions from vehicles and industry. The Company serves customers in global automotive, chemicals, oil and gas, agriculture and fertilizers, food and beverages, energy generation and storage, glass and other industries. The Company delivers its solutions through three segments, which include clean air, efficient natural resources and other markets. Its clean air segment provides catalysts for emission control after-treatment systems to remove harmful emissions from vehicles and non-road equipment powered by diesel and gasoline. Its efficient natural resources segment provides products and processing services for the use and transformation of natural resources including oil, gas, biomass and platinum group metals. Its other markets are a portfolio of businesses include battery systems, fuel cells, diagnostic services, battery materials and green hydrogen.