Johnson Matthey (OTCMKTS:JMPLY) Upgraded at Berenberg Bank

Berenberg Bank upgraded shares of Johnson Matthey (OTCMKTS:JMPLY) from a hold rating to a strong-buy rating in a research report released on Monday morning,Zacks.com reports.

A number of other research firms also recently commented on JMPLY. Citigroup reaffirmed a “neutral” rating on shares of Johnson Matthey in a research note on Tuesday, October 21st. Jefferies Financial Group upgraded shares of Johnson Matthey to a “strong-buy” rating in a report on Thursday, October 9th. Finally, Zacks Research downgraded shares of Johnson Matthey from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 6th. Two equities research analysts have rated the stock with a Strong Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Johnson Matthey Trading Down 1.1%

Johnson Matthey stock opened at $61.79 on Monday. The stock has a fifty day moving average price of $55.71 and a 200 day moving average price of $53.05. Johnson Matthey has a 52 week low of $29.01 and a 52 week high of $62.48.

Johnson Matthey Announces Dividend

The firm also recently declared a dividend, which will be paid on Friday, February 13th. Investors of record on Tuesday, December 2nd will be issued a $0.5561 dividend. The ex-dividend date is Monday, December 1st. This represents a 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.