Market's view on Johnson Matthey
Published on April 2024
- A review highlights unexpected results from a company but notes a lack of information on the profit from these results.
- Positive feedback on individual stock performance with a mention of exiting at 1686, describing the experience as excellent.
- Comments reflect a good performance in the recent weeks with anticipation of the stock price reaching 2000+.
- Queries about the post-market trading times in relation to company announcements.
- Discussion on a detailed study by Deloitte regarding “Green hydrogen: Energizing the path to net zero”, noting significant growth in the electrolyzer manufacturing capacity by 2030 and the advantages of using specific technologies in which the company is involved.
- Confirmation received that a pioneering flight used the company’s sustainable aviation fuel.
- Information on upgrades from financial institutions like Bank of America and Merrill Lynch, showing increased confidence in the company.
- General consensus from analysts suggests holding the stock, with a positive outlook shown by target price predictions.
- Details of the company’s dividend schedule including dates for ex-dividend and payment.
- Discussion on the company’s reliance on PGM pricing and its pivot towards a carbon neutral economy.
- Positive update suggests that the company may be turning a corner with a new strategy ahead.