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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.