Johnson Matthey (OTCMKTS:JMPLY) Upgraded by Jefferies Financial Group to “Strong-Buy” Rating

Johnson Matthey (OTCMKTS:JMPLY) was upgraded by research analysts at Jefferies Financial Group to a “strong-buy” rating in a note issued to investors on Tuesday,Zacks.com reports.

JMPLY has been the subject of several other research reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Johnson Matthey in a report on Friday, May 29th. Zacks Research raised shares of Johnson Matthey from a “strong sell” rating to a “hold” rating in a research report on Monday. Two investment analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Buy”.

Johnson Matthey Stock Performance

Johnson Matthey stock opened at $58.18 on Tuesday. The company has a current ratio of 1.56, a quick ratio of 1.21 and a debt-to-equity ratio of 0.66. Johnson Matthey has a 12-month low of $46.95 and a 12-month high of $65.70. The business’s 50-day simple moving average is $54.05 and its 200 day simple moving average is $55.77.

About Johnson Matthey

Johnson Matthey plc is a UK-based specialty chemicals and sustainable technologies company with a history dating back to 1817. As a public limited company headquartered in London, it has built a global reputation for expertise in platinum group metals (PGMs) and advanced catalytic materials. The company has evolved from its origins in precious metals refining into diversified segments focused on environmental and energy solutions.

The company’s principal business activities encompass the development and manufacture of emission control catalysts for the automotive and industrial sectors, alongside process technologies for chemical production and refining.