Johnson Matthey PLC 34% Potential Upside Indicated by Morgan Stanley

Broker Ratings
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Johnson Matthey PLC with EPIC/TICKER (LON:JMAT) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at Morgan Stanley. Johnson Matthey PLC are listed in the Basic Materials sector within UK Main Market. Morgan Stanley have set their target price at 2850 GBX on its stock. This is indicating the analyst believes there is a potential upside of 34.0% from the opening price of 2127 GBX. Over the last 30 and 90 trading days the company share price has increased 13 points and increased 239.5 points respectively. The 1 year high share price is 3410 GBX while the year low stock price is currently 1614 GBX.

Johnson Matthey PLC has a 50 day moving average of 2,077.32 GBX and a 200 Day Moving Average share price is recorded at 2,614.38. There are currently 193,533,430 shares in issue with the average daily volume traded being 787,785. Market capitalisation for LON:JMAT is £4,188,063,425 GBP.

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