Johnson Matthey Stock Rises on Renewed Citi Coverage, Higher Fair Value

By EC Assets · Published 16 October 2026

Johnson Matthey shares rose following Citi's renewed coverage of the company. Citi renewed its coverage based on the outlook for earnings growth. This development signals a shift in Johnson Matthey's market narrative. New analyst research has slightly increased Johnson Matthey's fair value estimate. The fair value estimate is now approximately £21 per share. This research also trimmed the discount rate for the company. Johnson Matthey's fair value estimate recently edged higher, from £20.29 to £21.05. This upward revision reflects greater analyst confidence. Analysts' expectations have improved regarding the company. This article is intended for informational purposes only. It does not constitute investment advice.