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

Johnson Matthey (OTCMKTS:JMPLYGet Rating) was upgraded by investment analysts at Jefferies Financial Group from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Wednesday, The Fly reports.

A number of other research analysts also recently commented on the stock. UBS Group lowered their price target on shares of Johnson Matthey from GBX 1,875 ($23.42) to GBX 1,800 ($22.49) in a report on Monday, April 4th. Zacks Investment Research downgraded shares of Johnson Matthey from a “buy” rating to a “hold” rating in a report on Tuesday, February 15th. Panmure Gordon raised shares of Johnson Matthey from a “sell” rating to a “hold” rating in a report on Tuesday, January 18th. JPMorgan Chase & Co. lowered their price target on shares of Johnson Matthey from GBX 2,800 ($34.98) to GBX 2,600 ($32.48) in a report on Friday, January 14th. Finally, Sanford C. Bernstein downgraded shares of Johnson Matthey from an “outperform” rating to a “market perform” rating and set a $2,500.00 price target for the company. in a report on Thursday, January 6th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $2,404.00.

JMPLY opened at $55.73 on Wednesday. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.34 and a quick ratio of 0.78. Johnson Matthey has a 52 week low of $45.72 and a 52 week high of $95.72. The firm has a 50-day simple moving average of $50.15 and a two-hundred day simple moving average of $55.31.

Johnson Matthey Company Profile (Get Rating)

Johnson Matthey is a global leader in science that enables a cleaner and healthier world. With over 200 years of sustained commitment to innovation and technological breakthroughs, they improve the function, performance and safety of their customers’ products. Their science has a global impact in areas such as low emission transport, pharmaceuticals, chemical processing and making the most efficient use of the planet’s natural resources.

Recommended Stories

The Fly logo

Analyst Recommendations for Johnson Matthey (OTCMKTS:JMPLY)

Receive News & Ratings for Johnson Matthey Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Johnson Matthey and related companies with MarketBeat.com's FREE daily email newsletter.