Berenberg hikes target price on Johnson Matthey

9th Apr 2024 09:51

(Sharecast News) - Analysts at Berenberg raised their target price on diversified chemicals business Johnson Matthey from 1,650.0p to 1,800.0p on Tuesday but said the performance of its shares will likely depend on three factors.

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London close: Stocks mixed ahead of Fed, BoE decisions

20th Mar 2024 16:53

(Sharecast News) - London markets closed with a mixed but little-changed performance on Wednesday, as investors digested a larger-than-expected slowdown in UK inflation.

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Johnson Matthey sells medical parts unit for $700m

20th Mar 2024 07:08

(Sharecast News) - Johnson Matthey is selling its medical device components business to Montagu Private Equity for $700m (£550m), the company said on Wednesday.

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Director dealings: Johnson Matthey CEO makes share purchase

6th Dec 2023 16:30

(Sharecast News) - Johnson Matthey revealed on Wednesday that chief executive Liam Condon had acquired 15,000 ordinary shares in the FTSE 250-listed speciality chemicals firm.

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London close: Stocks mixed after US, Europe inflation data

30th Nov 2023 15:16

(Sharecast News) - London's markets finished with a mixed performance on Thursday, with the top-flight index lifted by the likes of BP and Shell.

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London close: Stocks start week in subdued state

27th Nov 2023 16:12

(Sharecast News) - London's financial markets saw a somewhat subdued performance on Monday, as concerns regarding the Chinese economy cast a shadow over investor sentiment.

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BofA ML upgrades Johnson Matthey to 'buy'

27th Nov 2023 10:26

(Sharecast News) - Bank of America Merrill Lynch upgraded Johnson Matthey on Monday to 'buy' from 'underperform' and hiked the price target to 2,000p from 1,600p as it argued the company has a far better cash flow profile than its valuation discounts.

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London close: Stocks mixed on quiet Friday

24th Nov 2023 15:03

(Sharecast News) - Market performance showed a mixed trend in London today, with movements relatively subdued after the Thanksgiving holiday across the pond.

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London close: Stocks mixed as investors digest Autumn Statement

22nd Nov 2023 15:12

(Sharecast News) - London markets closed with a mixed performance on Wednesday, influenced by the Chancellor's Autumn Statement and big moves from the likes of Sage and Kingfisher.

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Johnson Matthey lifts full-year operating performance outlook

22nd Nov 2023 07:38

(Sharecast News) - Johnson Matthey raised the outlook for its full-year underlying operating performance on Wednesday despite posting a drop in first-half sales and profit due to lower precious metal market prices.

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Berenberg downgrades Johnson Matthey to 'hold'

12th Oct 2023 12:30

(Sharecast News) - Berenberg downgraded Johnson Matthey on Thursday to 'hold' from 'buy' as it cut the price target to 1,650p from 2,200p, saying the were "interesting, but no longer compelling".

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Johnson Matthey shares surge as Standard Industries doubles stake to 10%

1st Sep 2023 10:29

(Sharecast News) - Shares in Johnson Matthey jumped 12% on Friday after Standard Industries nearly doubled its shareholding in the specialty chemicals group to over 10%.

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Deutsche Bank ups Johnson Matthey to 'buy', lifts price target

17th Jul 2023 15:02

(Sharecast News) - Deutsche Bank upgraded Johnson Matthey on Monday to 'buy' from 'hold' and lifted the price target to 2,500p from 2,300p.

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Broker tips: Johnson Matthey, Aston Martin, Victrex

17th Jul 2023 07:20

(Sharecast News) - Deutsche Bank upgraded Johnson Matthey on Monday to 'buy' from 'hold' and lifted the price target to 2,500p from 2,300p.

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Johnson Matthey profits fall on lower PGM prices, inflation

25th May 2023 07:21

(Sharecast News) - Johnson Matthey reported a fall in annual profit on Thursday as lower average precious metal prices and higher costs hit the bottom line.

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