Latest News for JMPLF
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.
Johnson Matthey Plc (JMPLY) Q4 2026 Earnings Call Transcript
Johnson Matthey LON: JMAT reported higher underlying profit, improved margins and stronger cash generation for fiscal 2025/2026, while management outlined progress on a restructuring strategy, the pending sale of Catalyst Technologies and a new acquisition aimed at expanding its emissions-control business.
Johnson Matthey PLC's (LSE:JMAT) full-year results were broadly in line with the upgraded guidance the FTSE 100 specialty chemicals group had already provided, leaving the shares flat in early trading as investors focused instead on the $460 million Cormetech acquisition announced alongside the numbers. Panmure Liberum, which rates the stock a 'buy' with a 2310p target price, described the financial year to March…
British chemicals company Johnson Matthey said on Thursday it would buy Cormetech for $360 million, betting on growth in the U.S. power generation market amid strong demand for emission control at data centres.
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