Zacks Investment Research lowered shares of Johnson Matthey PLC (NASDAQ:JMPLY) from a hold rating to a sell rating in a research note released on Wednesday.

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. “

JMPLY has been the subject of a number of other reports. Deutsche Bank AG reissued a buy rating on shares of Johnson Matthey PLC in a research note on Wednesday, September 28th. Berenberg Bank cut shares of Johnson Matthey PLC from a buy rating to a hold rating in a report on Tuesday, August 2nd.

Johnson Matthey PLC (NASDAQ:JMPLY) remained flat at $88.26 on Wednesday. The company has a market cap of $8.46 billion and a P/E ratio of 20.47. The firm’s 50-day moving average is $86.31 and its 200 day moving average is $83.25. Johnson Matthey PLC has a one year low of $63.22 and a one year high of $93.11.

Johnson Matthey PLC Company Profile

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