Johnson Matthey PLC (OTCMKTS:JMPLY) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Johnson Matthey PLC (OTCMKTS:JMPLY) have earned a consensus rating of “Moderate Buy” from the six ratings firms that are covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a hold rating, one has given a buy rating and two have issued a strong buy rating on the company.

A number of analysts have commented on JMPLY shares. Citigroup reiterated a “neutral” rating on shares of Johnson Matthey in a report on Tuesday, October 21st. Jefferies Financial Group upgraded Johnson Matthey to a “strong-buy” rating in a research report on Thursday, October 9th. Zacks Research cut Johnson Matthey from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 6th. Berenberg Bank upgraded Johnson Matthey from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 5th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Johnson Matthey in a research note on Wednesday.

Johnson Matthey Price Performance

Shares of OTCMKTS JMPLY opened at $64.25 on Wednesday. The firm has a 50-day simple moving average of $57.25 and a 200-day simple moving average of $54.22. The company has a current ratio of 1.65, a quick ratio of 1.28 and a debt-to-equity ratio of 0.63. Johnson Matthey has a 52 week low of $29.01 and a 52 week high of $64.25.

Johnson Matthey Dividend Announcement

The company also recently declared a dividend, which will be paid on Friday, February 13th. Stockholders of record on Tuesday, December 2nd will be paid a $0.5561 dividend. The ex-dividend date of this dividend is Monday, December 1st. This represents a dividend yield of 394.0%.

About Johnson Matthey

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.