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

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

Several other equities analysts have also commented on JMPLY. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Johnson Matthey in a research note on Friday, May 29th. Zacks Research raised 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 assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy”.

Johnson Matthey Stock Performance

Shares of OTCMKTS JMPLY opened at $58.18 on Tuesday. Johnson Matthey has a 1 year low of $46.95 and a 1 year high of $65.70. The company has a 50 day simple moving average of $54.05 and a 200-day simple moving average of $55.77. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.21 and a current ratio of 1.56.

Johnson Matthey Company Profile

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.