Johnson Matthey PLC (NASDAQ:JMPLY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued to investors on Wednesday.

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. “

Other equities analysts have also issued research reports about the company. Berenberg Bank lowered Johnson Matthey PLC from a “buy” rating to a “hold” rating in a research note on Tuesday, August 2nd. Deutsche Bank AG reiterated a “buy” rating on shares of Johnson Matthey PLC in a research note on Wednesday, September 28th.

Shares of Johnson Matthey PLC (NASDAQ:JMPLY) opened at 88.26 on Wednesday. Johnson Matthey PLC has a 52-week low of $63.22 and a 52-week high of $93.11. The stock has a market cap of $8.46 billion and a price-to-earnings ratio of 20.47. The stock’s 50 day moving average is $86.25 and its 200 day moving average is $83.22.

Johnson Matthey PLC Company Profile

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