# Johnson Matthey PLC 8.0% potential upside indicated by Berenberg Bank

- Link: https://www.directorstalkinterviews.com/johnson-matthey-plc-8.0-potential-upside-indicated-by-berenberg-bank/4121132479
- Published: 2023-11-09T12:17:09+00:00
- Author: Charlotte Edwards

**Johnson Matthey PLC** with ticker (LON:JMAT) now has a potential upside of 8.0%
according to Berenberg Bank.
Berenberg Bank set a target price of 1,650 GBX for 
the company, which when compared to the Johnson Matthey PLC share price of 1,528
GBX at opening today (09/11/2023) indicates a potential upside of 8.0%. Trading 
has ranged between 1,429 (52 week low) and 2,384 (52 week high) with an average 
of 537,324 shares exchanging hands daily. The market capitalisation at the time 
of writing is £2,873,795,944.Johnson Matthey PLC is a United Kingdom-based sustainable
technologies company. The Company’s segments include Clean Air, PGM Services, Catalyst
Technologies, Hydrogen Technologies and Value Businesses. The Clean Air segment 
provides catalysts for emission control after-treatment systems used in light and
heavy-duty vehicles powered by internal combustion engines. The PGM Services segment
enables the energy transition through providing circular solutions as demand for
scarce critical materials increases. It also provides a strategic service to the
group, supporting the other segments with security of metal supply. The Catalyst
Technologies segment enables the decarbonization of chemical value chains. The Hydrogen
Technologies segment provides catalyst coated membranes that are a critical component
for fuel cells and electrolysers. The Value Businesses segment is a portfolio of
businesses managed to drive shareholder value from activities considered to be non-
core to the Company.

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