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Johnson Matthey PLC 30.1% Potential Upside Indicated by Citigroup

Johnson Matthey PLC using EPIC/TICKER code (LON:JMAT) has had its stock rating noted as ‘Retains’ with the recommendation being set at ‘BUY’ today by analysts at Citigroup. Johnson Matthey PLC are listed in the Basic Materials sector within UK Main Market. Citigroup have set a target price of 4000 GBX on its stock. This is indicating the analyst believes there is a potential upside of 30.1% from the opening price of 3074 GBX. Over the last 30 and 90 trading days the company share price has decreased 276 points and increased 170 points respectively. The 52 week high share price is 3511 GBX while the 52 week low is 2681 GBX.

Johnson Matthey PLC has a 50 day moving average of 3,321.98 GBX and the 200 Day Moving Average price is recorded at 3,075.78. There are currently 193,533,431 shares in issue with the average daily volume traded being 697,918. Market capitalisation for LON:JMAT is £5,922,122,989 GBP.

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