Published On: Wed, Sep 21st, 2016

Johnson Matthey PLC (JMPLY) Upgraded by Zacks Investment Research to “Hold”

Johnson Matthey PLC (NASDAQ:JMPLY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Tuesday.
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, Berenberg Bank cut shares of Johnson Matthey PLC from a “buy” rating to a “hold” rating in a research note on Tuesday, August 2nd.

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Johnson Matthey PLC (NASDAQ:JMPLY) traded up 1.86% during mid-day trading on Tuesday, hitting $85.00. 1,423 shares of the company were exchanged. The company has a market capitalization of $8.15 billion and a P/E ratio of 19.50. Johnson Matthey PLC has a 12-month low of $63.22 and a 12-month high of $93.11. The company’s 50-day moving average is $86.17 and its 200 day moving average is $82.39.
Johnson Matthey PLC Company Profile

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