Johnson Matthey (OTCMKTS:JMPLY) Rating Increased to Strong-Buy at Jefferies Financial Group

Jefferies Financial Group upgraded shares of Johnson Matthey (OTCMKTS:JMPLY) to a strong-buy rating in a research note released on Tuesday,Zacks.com reports.

Other equities research analysts have also recently issued reports about the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Johnson Matthey in a research note on Friday, May 29th. Zacks Research raised shares of Johnson Matthey from a “strong sell” rating to a “hold” rating in a research note on Monday. Two research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Johnson Matthey has an average rating of “Buy”.

Johnson Matthey Stock Up 9.0%

Shares of JMPLY stock opened at $58.18 on Tuesday. The firm’s 50 day moving average price is $54.05 and its two-hundred day moving average price is $55.77. The company has a quick ratio of 1.21, a current ratio of 1.56 and a debt-to-equity ratio of 0.66. Johnson Matthey has a 52-week low of $46.95 and a 52-week high of $65.70.

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.