Broker Recommendations

Berenberg downgrades Johnson Matthey to 'hold', raises target price

By Iain Gilbert

Date: Wednesday 28 Oct 2026

(Sharecast News) - Analysts at Berenberg cut their rating on Johnson Matthey to from 'buy' to 'hold' on Wednesday, saying their earlier bullish thesis had largely played out and that near‑term valuation upside now looked limited.
Berenberg said its call had been based on the stock's correlation with gold proxies and...

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