Johnson Matthey Share Discussion Threads

[philanderer] 05/10/2021 09:58

JPMORGAN CUTS JOHNSON MATTHEY PRICE TARGET TO 2,900 (2,950) PENCE - 'NEUTRAL'

LIBERUM CUTS JOHNSON MATTHEY PRICE TARGET TO 2,910 (3,150) PENCE - 'HOLD'

[philanderer] 04/10/2021 10:30

DEUTSCHE BANK CUTS JOHNSON MATTHEY PRICE TARGET TO 3,000 (3,300) PENCE - 'HOLD

[philanderer] 28/9/2021 12:07

FWIW - TMF

Johnson Matthey (LSE: JMAT) may have its history in chemicals and heavier industry, but it’s transitioning to focus on developing technologies to help store and develop renewable energy. It’s currently constructing a new factory in Poland to manufacture components for electric vehicle batteries.

Beyond that, it’s also working to develop green hydrogen, an area of intense scientific and government focus. It’s believed that green hydrogen, once commercially viable, could have huge potential. If Johnson Matthey could be at the front of the pack in developing green hydrogen, the rewards currently are incalculable but could be huge. The company also has 15 blue hydrogen (using fossil fuels to create the hydrogen) projects in its pipeline globally.

I see Johnson Matthey as a company with a strong focus on becoming a renewable energy stock. I believe that if it’s successful, it could command a higher rating and the share price, as a result, could be much higher. But for now, I’ll watch its progress with interest before I add any to my portfolio.

[philanderer] 20/9/2021 09:30

BARCLAYS CUTS JOHNSON MATTHEY PRICE TARGET TO 2,510 (2,640) PENCE - 'UNDERWEIGHT'

[philanderer] 15/9/2021 23:50

Johnson Matthey (JM), a global leader in sustainable technologies, has announced that it’s Green Hydrogen and Fuel Cells entities are coming together under a new Hydrogen Technologies business.

The new combined business unit will accelerate JM’s growth and scale-up in both markets, taking advantage of technical and manufacturing synergies, and building on JM’s decades of experience developing and manufacturing market-leading fuel cell components.

[philanderer] 15/9/2021 11:10

pogue, yes it could well be that although it's been known for the last few months.

[pogue] 15/9/2021 09:51

Probably due to the fact car manufacture is going to be affected due to chip shortages going into next year maybe further that is going to cut profits on catalytic converters. I am seeing loads of stuff with chips involved in the manufacture going out on very long lead times.

[philanderer] 15/9/2021 08:36

Something very wrong here.

[philanderer] 08/9/2021 12:42

MyRechemical, NextChem’s subsidiary dedicated to waste-to-chemical technologies, and Johnson Matthey plc (JM; London), a global leader in sustainable technologies, will jointly cooperate to commercially develop “waste-to-methanol” technology worldwide.


This waste-to-methanol technology has its roots in the chemical conversion of non-recyclable municipal waste, which would otherwise be disposed in landfill or incinerated, into valuable syngas used to produce methanol. Through the chemical conversion of non-recyclable municipal and industrial waste, mainly plastic and dry waste, the resulting hydrogen and carbon oxides can be used to produce more sustainable chemical products.


The methanol derived from this process can be used as an intermediate for low-carbon additives in the blending of gasoline and diesel, replacing the fossil-based component with one derived from recycling, as well as a raw material for the chemical, construction and plastic industries.

[philanderer] 24/8/2021 09:52

Liberum still has Johnson Matthey doubts

Liberum has hiked its profit forecast for Johnson Matthey (JMAT) but the broker still has concerns about its longer-term future.

Analyst Adam Collins maintained his ‘hold’ recommendation but raised the target price on the stock from £24.50 to £31.50, after increasing earnings estimates by 28% this year following the recovery in automobile production and strong market conditions in platinum group metals recycling.

‘However, we still have doubts about some aspects of future structural development,’ said Collins, pointing to concerns raised in a note on the sector earlier this year.

The company may be enjoying the fruits of a cyclical recovery now, but Liberum believes it derives a third of its profits from catalytic converters for diesel cars and commercial vehicles. That market looks structurally challenged. In Europe, for example, new sales are likely to be outlawed between 2030 to 2040.

‘Johnson Matthey is much more dependent on the heavy-duty diesel [HDD] market than its competitors – we estimate it has a 70% share of the global HDD market,’ said Collins. Replicating that dominance in hydrogen fuel cell trucks looks like a tall order.

The shares closed up 0.6%, or 18p, at £29.95 on Monday.

[philanderer] 20/8/2021 09:46

LIBERUM RAISES JOHNSON MATTHEY PRICE TARGET TO 3,150 (2,450) PENCE - 'HOLD'

[philanderer] 17/8/2021 14:19

Following the platinum price down today.

[philanderer] 17/8/2021 13:42

Glencore stake boosts Britishvolt’s £4bn plans for battery factory

[philanderer] 04/8/2021 23:27

Johnson Matthey (JM), a global leader in sustainable technologies and Kebotix, a U.S.-based technology platform company for new chemicals and materials, today announced an agreement to explore developing the next generation of coatings for catalytic converters.

[jackdaw4243] 04/8/2021 17:08

Hedge funds into precocious metals after a killing with MGM.

[philanderer] 29/7/2021 09:22

Market not impressed with today's trading update.


I like this though..


"In green hydrogen production, testing with customers is proceeding well and we continue to expect first commercial sales from this business in 2022. Given the strong progress we have made with customers and the rapidly developing market, the recent acquisition(3) of assets from Oxis Energy will enable us to further expand our manufacturing capability in the UK and accelerate our growth ambitions. This will provide hundreds of megawatts of additional capacity from the beginning of 2022"

[philanderer] 29/7/2021 09:15

And still trending lower , not good.

[philanderer] 28/7/2021 08:47

Skinny, thanks for the link.

Downtrend in place here since april - 10% drop in the share price

[skinny] 27/7/2021 12:40

Johnson Matthey drives world-leading fuel cell performance, increasing power density by 20%

[mayers] 12/7/2021 19:00

Miserable targets from several brokers for this excellent firm with an outstanding reputation. Whilst their revenue from catalytic converters will inevitably decline it will not occur overnight. Meanwhile their battery technology which they have pursued for many years will continue to expand and they will inevitably avail themselves of the newer scientific progress in this field. I regret iI didn't buy more a year ago.

[philanderer] 12/7/2021 09:47

BARCLAYS RAISES JOHNSON MATTHEY TARGET TO 2,640 (2,540) PENCE - 'UNDERWEIGHT'

[philanderer] 08/7/2021 09:12

PMORGAN RAISES JOHNSON MATTHEY PRICE TARGET TO 2,950 (2,600) PENCE - 'NEUTRAL'

[the deacon] 07/7/2021 19:52

Think the government's hydrogen strategy is due out sometime this month. I recall someone from JM mentioning it in a recent podcast