Director dealings: Johnson Matthey non-exec picks up some shares near recent lows

4th Jan 2022 16:24

(Sharecast News) - A Johnson Matthey director picked up some shares in the of specialty chemicals manufacturer even as they traded near their 52-week lows.

Read more

Johnson Matthey sells health business for £325m

17th Dec 2021 07:03

(Sharecast News) - UK chemicals group Johnson Matthey has sold its health business to Altaris Capital Partners for £325m, the company said on Friday.

Read more

Tata Chemicals in talks to buy Johnson Matthey's batteries business - report

29th Nov 2021 10:31

(Sharecast News) - Johnson Matthey rallied on Monday following a report that India's Tata Chemicals is interesting in buying the company's batteries business.

Read more

Johnson Matthey to sell glass tech business, unveils £200m buyback

24th Nov 2021 07:04

(Sharecast News) - Chemicals company Johnson Matthey on Wednesday said it had sold its advanced glass technologies business to Fenzi Holdings for £178m as it reported a half-year loss and announced a £200m share buyback.

Read more

Sunday newspaper round-up: Food prices, Asos, Labour Squeeze

21st Nov 2021 19:42

(Sharecast News) - Soaring fertiliser costs on the back of the gas crisis will prolong high food prices globally, which are already at their loftiest in half a century, until 2023. Economists at BCA Research forecast that global food prices will continue to increase during the following year and remain high into 2023. Furthermore, supply chain analysts say that supermarkets cannot insulate buyers the rising cost pressures indefinitely. - Sunday Telegraph

Read more

Berenberg lowers target price on Johnson Matthey

12th Nov 2021 10:51

(Sharecast News) - Analyst at Berenberg lowered their target price on chemicals company Johnson Matthey from 3,600.0p to 2,800.0p on Friday, stating Thursday's announcement that it would exit its nascent battery materials business changed the nature of the stock's equity story.

Read more

Johnson Matthey announces CEO departure, to sell battery materials business

11th Nov 2021 08:04

(Sharecast News) - Johnson Matthey announced the departure of its chief executive on Thursday, alongside plans to sell its battery materials business, as it warned the trading outlook for the full year was towards the lower end of market expectations.

Read more

Johnson Matthey appoints BASF's Giovanzana as MD of Catalyst Technologies

8th Nov 2021 15:23

(Sharecast News) - Johnson Matthey said on Monday that it has appointed Alberto Giovanzana as managing director of its catalyst technologies division.

Read more

Jefferies downgrades Johnson Matthey

14th Oct 2021 12:46

(Sharecast News) - Jefferies downgraded Johnson Matthey to 'underperform' from 'buy' on Thursday and cut the price target to 2,300p from 4,200p, saying it expects the shares to underperform as the company's automotive catalyst business remains weak.

Read more

Berenberg lowers target price on Johnson Matthey

13th Oct 2021 09:48

(Sharecast News) - Analysts at Berenberg lowered their target price on diversified chemicals group Johnson Matthey from 3,800.0p to 3,600.0p on Wednesday ahead of the firm's interim results next month.

Read more

Friday broker round-up

20th Aug 2021 14:09

(Sharecast News) - Marks&Spencer: ShoreCap keeps as house stock.

Read more

Johnson Matthey reports good start to year

29th Jul 2021 08:39

(Sharecast News) - Johnson Matthey reported a good start to the financial year but the chemicals and special metals group reduced its estimate for gains from metal prices.

Read more

Friday broker round-up

4th Jun 2021 13:15

(Sharecast News) - Victrex: Numis upgrades to add with a target price of 2,800p.

Read more

Berenberg raises target price on Johnson Matthey

4th Jun 2021 10:14

(Sharecast News) - Analysts at Berenberg raised their target price on diversified chemicals group Johnson Matthey from 3,700.0p to 3,800.0p on Friday, stating the group was in the throes of a "metamorphosis".

Read more

Tough first half sees sales decline at Johnson Matthey

27th May 2021 07:29

(Sharecast News) - Johnson Matthey reported a 5% fall in sales in its preliminary results on Thursday, to £3.92bn at constant currency, primarily driven by the impact of Covid-19 on its Clean Air sector, although that business experienced a "strong recovery" through the second half.

Read more