FTSE 250 movers: Johnson Matthey, Shaftesbury in the black
London’s FTSE 250 was down 0.1% at 18,438.87 in afternoon trade on Monday.
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London’s FTSE 250 was down 0.1% at 18,438.87 in afternoon trade on Monday.
Johnson Matthey PLC (LSE:JMAT)'s has a far better cah flow profile than its valuation indicates, according to analysts at Bank of America. The bank has...
Bank of America Merrill Lynch upgraded Johnson Matthey on Monday to ‘buy’ from ‘underperform’ and hiked the price target to 2,000p from 1,600p as it argued the company has a far better cash flow profile than its valuation discounts.
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