Johnson Matthey PLC (OTCMKTS:JMPLY) Given Consensus Recommendation of “Buy” by Brokerages
Johnson Matthey PLC (OTCMKTS:JMPLY) has received an average rating of “Buy” from the seven research firms that are covering the stock. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $88.00.
Separately, Berenberg Bank cut Johnson Matthey PLC from a “buy” rating to a “hold” rating in a report on Tuesday, August 2nd.
Johnson Matthey PLC (OTCMKTS:JMPLY) remained flat at $88.26 during midday trading on Monday. The firm’s 50-day moving average price is $86.41 and its 200 day moving average price is $83.39. Johnson Matthey PLC has a 1-year low of $63.22 and a 1-year high of $93.11. The company has a market capitalization of $8.46 billion, a P/E ratio of 20.64 and a beta of 1.60.
About Johnson Matthey PLC
Johnson Matthey PLC is a specialty chemicals company. The Company operates in five divisions: Emission Control Technologies, Process Technologies, Precious Metal Products, Fine Chemicals and New Businesses. Emission Control Technologies is a manufacturer of catalysts and catalyst systems for vehicles and industry.
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