Johnson Matthey PLC (NASDAQ:JMPLY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Tuesday.

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. “

Separately, Berenberg Bank lowered shares of Johnson Matthey PLC from a “buy” rating to a “hold” rating in a research note on Tuesday, August 2nd.

Shares of Johnson Matthey PLC (NASDAQ:JMPLY) opened at 86.08 on Tuesday. The firm has a 50-day moving average of $86.19 and a 200 day moving average of $82.41. Johnson Matthey PLC has a 52 week low of $63.22 and a 52 week high of $93.11. The firm has a market cap of $8.25 billion and a PE ratio of 19.49.

About Johnson Matthey PLC

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