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Share Price: 1,534.00

Bid: 1,533.00

Ask: 1,537.00

Change: -17.00 (-1.10%)

Spread: 4.00 (0.261%)

Open: 1,552.00

High: 1,557.00

Low: 1,532.00

Prev. Close: 1,551.00

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BUZZ-Johnson Matthey: dented by PT cut from top-flight analyst

Thu, 04th Feb 2016 09:36

** Johnson Matthey down <1 pct & underperforming apositive FTSE 100 despite platinum climbing tohighest in 1 mth

** Exane BNP Paribas - rated at five stars forrecommendation accuracy on JMAT, according to StarMine - citesrisk to co's resilient refinery catalysts business from loweroil production & less favourable crude mix

** Cuts TP on stock to 2500p from 2700p (vs analysts' medianPT of 3380p); keeps "neutral" rating; no negative ratings onstock which has 7 "buy" or higher recommendations & 7 "hold", TRdata shows

** Move comes day after co keeps FY outlook in face ofchallenging Q3, continuing commodity price rout & weaker China (RM: esha.vaish.thomsonreuters.com@reuters.net)

More News

8 Apr 2021 12:14

LONDON MARKET MIDDAY: FTSE 100 hits one-year high on UK recovery hopes

8 Apr 2021 10:17

UPDATE 2-FTSE 100 ends higher as miners track gains in commodity prices

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* FTSE 250 ends at fresh record highs* Johnson Matthey jumps on strategic review of its health unit* Lookers surge after upbeat 2021 profit ...

8 Apr 2021 10:15

UPDATE 2-European stocks hit record highs after Fed holds stance

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Strong domestic demand propels German industrial orders* Fed committed to support economy until recovery more secure* Astrazeneca gains de...

8 Apr 2021 09:08

TOP NEWS: Johnson Matthey annual performance to be at top end of views

8 Apr 2021 08:48

LONDON MARKET OPEN: Stocks boosted by US Fed minutes; ASOS rises

8 Apr 2021 07:45

LONDON MARKET PRE-OPEN: ASOS posts stellar earnings amid online boom

8 Apr 2021 07:07

Johnson Matthey performance at top of expectations

(Sharecast News) - Johnson Matthey said annual performance would be around the top end of market expectations as the company announced a strategic review of its health business.

24 Mar 2021 13:29

Wednesday broker round-up

(Sharecast News) - WH Smith: JP Morgan downgrades to neutral with a target price of 1,793p.

24 Mar 2021 09:37

BROKER RATINGS: Morgan Stanley Cuts BHP; Deutsche Bank raises NatWest

23 Mar 2021 09:44

BROKER RATINGS: Goldman Sachs cuts Kingfisher and raises Bodycote

23 Mar 2021 08:10

LONDON BRIEFING: Crest Nicholson ups outlook amid government support

19 Mar 2021 08:58

Sibanye partners with Johnson Matthey on PGM application in low carbon

3 Mar 2021 09:48

BROKER RATINGS: SocGen starts United Utilities and Pennon with Buy

24 Feb 2021 09:52

UPDATE 2-Energy, bank stocks drive FTSE 100 higher

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Metro Bank falls on grim outlook* Bank stocks gain on Bailey's announcement* FTSE 100 up 0.5%, FTSE 250 adds 1.2% (Updates to close)By Shi...

17 Feb 2021 09:30

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