Johnson Matthey (JMPLY) Downgraded to Hold at Zacks Investment Research

Johnson Matthey (OTCMKTS:JMPLY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday, November 21st.

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 recently issued reports about the stock. ValuEngine upgraded shares of Johnson Matthey from a “hold” rating to a “buy” rating in a research report on Tuesday, November 14th. Barclays upgraded shares of Johnson Matthey from an “equal weight” rating to an “overweight” rating in a research report on Wednesday, July 26th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $90.00.

Johnson Matthey (OTCMKTS:JMPLY) remained flat at $$80.10 on Tuesday. 10 shares of the company’s stock traded hands, compared to its average volume of 100. The company has a quick ratio of 1.26, a current ratio of 1.91 and a debt-to-equity ratio of 0.46. Johnson Matthey has a 1 year low of $71.10 and a 1 year high of $93.57.

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