Johnson Matthey (OTCMKTS:JMPLY) Rating Increased to Hold at Zacks Investment Research

Johnson Matthey (OTCMKTS:JMPLY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued on Tuesday, Zacks.com reports.

According to Zacks, “Johnson Matthey Plc is a speciality chemicals company focused on its core skills in catalysis, precious metals, fine chemicals and process technology. Its principal activities comprise manufacture of autocatalysts, heavy duty diesel catalysts and pollution control systems, catalysts and components for fuel cells, catalysts and technologies for chemical processes, fine chemicals, chemical catalysts and active pharmaceutical ingredients. The Company also engages in the marketing, refining, and fabrication of precious metals. Its environmental technologies include emission control technologies, process technologies and fuel cells. Its precious metals products include platinum, noble metals, catalysts, chemicals and refining and colour technologies. Its fine chemicals include macfarlan smith, pharmaceutical materials and services and research chemicals. Johnson Matthey Plc is headquartered in London, U.K. “

Separately, Investec lowered shares of Johnson Matthey from a “hold” rating to a “sell” rating in a research note on Friday, April 12th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $94.00.

Shares of OTCMKTS JMPLY opened at $86.87 on Tuesday. The firm has a market cap of $8.41 billion, a price-to-earnings ratio of 14.58, a PEG ratio of 1.40 and a beta of 1.53. Johnson Matthey has a 1-year low of $67.00 and a 1-year high of $99.65. The business has a fifty day moving average of $81.54.

Johnson Matthey Company Profile

Johnson Matthey is a global leader in science that enables a cleaner and healthier world. With over 200 years of sustained commitment to innovation and technological breakthroughs, they improve the function, performance and safety of their customers’ products. Their science has a global impact in areas such as low emission transport, pharmaceuticals, chemical processing and making the most efficient use of the planet’s natural resources.

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