tiprankstipranks
Trending News
More News >

Johnson Matthey Sees Change in Major Holdings by Bank of America

Story Highlights
Johnson Matthey Sees Change in Major Holdings by Bank of America

Elevate Your Investing Strategy:

Johnson Matthey ( (GB:JMAT) ) just unveiled an update.

Johnson Matthey Plc has been notified of a change in major holdings by Bank of America Corporation, which has adjusted its voting rights through financial instruments. This change reflects a decrease in Bank of America’s total voting rights in Johnson Matthey, potentially impacting the company’s shareholder dynamics and market perception.

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 Neutral.

Johnson Matthey’s overall stock score is driven by strong valuation and cash flow generation, tempered by challenges in revenue growth and mixed technical indicators. The company’s strategic initiatives and corporate actions provide a foundation for future improvements, although current market conditions present headwinds.

To see Spark’s full report on GB:JMAT stock, click here.

More about Johnson Matthey

Johnson Matthey Plc is a UK-based company listed on the London Stock Exchange, known for its expertise in sustainable technologies and specialty chemicals.

Average Trading Volume: 923,221

Technical Sentiment Signal: Buy

Current Market Cap: £2.92B

See more insights into JMAT stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1