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Johnson Matthey PLC (NASDAQ:JMPLY) was upgraded by analysts at Goldman Sachs from a “neutral” rating to a “conviction-buy” rating in a research report issued to clients and investors on Thursday, TheFlyOnTheWall.com reports.

Several other analysts have also recently commented on the stock. Analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Johnson Matthey PLC in a research note on Monday, June 2nd. Analysts at Liberum Capital reiterated a “hold” rating on shares of Johnson Matthey PLC in a research note on Thursday, May 29th. Two analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. Johnson Matthey PLC presently has an average rating of “Buy”.

Johnson Matthey PLC (NASDAQ:JMPLY) remained flat at $99.71 during trading on Thursday. The stock had a trading volume of 83 shares. Johnson Matthey PLC has a 52 week low of $86.38 and a 52 week high of $114.40. The stock has a 50-day moving average of $102. and a 200-day moving average of $106.8. The company has a market cap of $10.113 billion and a P/E ratio of 17.81.

Johnson Matthey Plc is a global specialty chemicals company. It operates in five divisions: Emission Control Technologies, Process Technologies, Precious Metal Products, Fine Chemicals and New Businesses.

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