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The latest announcement is out from Johnson Matthey ( (GB:JMAT) ).
Johnson Matthey has appointed Andrew Cosslett as the new Non-Executive Chair of the Board, succeeding Patrick Thomas. Cosslett’s extensive experience in leading transformational change and delivering shareholder value is expected to support the company’s strategic focus on becoming a leaner business and enhancing sustainable cash generation. His leadership is anticipated to guide the company through its next phase of strategic development, including the completion of the sale of Catalyst Technologies.
The most recent analyst rating on (GB:JMAT) stock is a Hold with a £17.00 price target. To see the full list of analyst forecasts on Johnson Matthey stock, see the GB:JMAT Stock Forecast page.
Spark’s Take on GB:JMAT Stock
According to Spark, TipRanks’ AI Analyst, GB:JMAT is a Outperform.
Johnson Matthey’s overall stock score is driven by its strong technical indicators and attractive valuation, despite mixed financial performance. The strategic actions and corporate events reinforce investor confidence, while potential risks are noted in cash flow challenges and market volatility.
To see Spark’s full report on GB:JMAT stock, click here.
More about Johnson Matthey
Johnson Matthey Plc is a company listed on the London Stock Exchange, known for its focus on sustainable technologies and chemical products. The company is transitioning to a leaner business model with an emphasis on sustainable cash generation.
Average Trading Volume: 889,896
Technical Sentiment Signal: Buy
Current Market Cap: £3.11B
See more insights into JMAT stock on TipRanks’ Stock Analysis page.