Zacks Investment Research upgraded shares of Johnson Matthey PLC (NASDAQ:JMPLY) from a sell rating to a hold rating in a research note issued to investors on Tuesday morning.

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. “

Several other brokerages have also issued reports on JMPLY. UBS AG reiterated a sell rating on shares of Johnson Matthey PLC in a research note on Friday, May 19th. Barclays PLC upgraded Johnson Matthey PLC from an equal weight rating to an overweight rating in a research note on Wednesday, July 26th.

Shares of Johnson Matthey PLC (NASDAQ JMPLY) opened at 71.10 on Tuesday. The company has a market cap of $6.82 billion and a PE ratio of 13.76. The stock’s 50 day moving average price is $74.20 and its 200 day moving average price is $76.62. Johnson Matthey PLC has a one year low of $71.10 and a one year high of $89.03.

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