Johnson Matthey PLC (JMPLY) Lifted to Hold at Zacks Investment Research
Johnson Matthey PLC (OTCMKTS:JMPLY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Monday.
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. “
A number of other equities research analysts have also issued reports on JMPLY. 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 restated a “buy” rating on shares of Johnson Matthey PLC in a research report on Wednesday, September 28th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Johnson Matthey PLC has a consensus rating of “Buy” and an average price target of $88.00.
Johnson Matthey PLC (OTCMKTS:JMPLY) traded up 1.50% during midday trading on Monday, hitting $82.32. The stock had a trading volume of 578 shares. Johnson Matthey PLC has a 1-year low of $63.22 and a 1-year high of $93.11.
About Johnson Matthey PLC
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