Johnson Matthey Sees Change in Major Shareholder Holdings

An update from Johnson Matthey ( (GB:JMAT) ) is now available.

Johnson Matthey Plc has been notified of a change in major holdings by Standard Latitude Master Fund Ltd., which now holds a total of 9.518065% of voting rights in the company. This change reflects a decrease from a previous total of 10.910501%, indicating a disposal of financial instruments. The adjustment in holdings could impact the company’s shareholder dynamics and influence future strategic decisions.

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 focus on sustainable technologies and specialty chemicals. The company is engaged in the production of catalysts, precious metals, and advanced materials, catering to industries such as automotive, pharmaceuticals, and chemicals.

Average Trading Volume: 836,090

Technical Sentiment Signal: Buy

Current Market Cap: £2.89B

For a thorough assessment of JMAT stock, go to TipRanks’ Stock Analysis page.