Johnson Matthey Stock News

Citi, the investment bank, has renewed its coverage of Johnson Matthey PLC (LSE:JMAT), the London-listed specialty chemicals group, with a 'buy' rating and a target price of £28.50, after a period in which its rating was suspended. The bank forecasts that adjusted earnings per share (EPS) will rise about 40% in the 2027 financial year, which is 12% above the average analyst forecast.

Jefferies has reinstated coverage of Johnson Matthey PLC (LSE:JMAT) with a 'buy' rating and a 2,330p price target, arguing the investment case now rests on the company's own delivery rather than deal risk or macroeconomic sentiment. The target implies around 17% upside from the previous close of 1,992p.