Barclays PLC Upgrades Johnson Matthey PLC (OTCMKTS:JMPLY) to “Overweight”

Johnson Matthey PLC (OTCMKTS:JMPLY) was upgraded by stock analysts at Barclays PLC from an “equal weight” rating to an “overweight” rating in a report issued on Wednesday, July 26th, reports.

Separately, UBS AG cut shares of Johnson Matthey PLC from a “neutral” rating to a “sell” rating in a research note on Friday, May 19th. One equities research analyst has rated the stock with a sell rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $88.00.

Shares of Johnson Matthey PLC (JMPLY) remained flat at $73.60 during mid-day trading on Wednesday. The company had a trading volume of 94 shares. The stock has a market cap of $7.06 billion, a price-to-earnings ratio of 13.88 and a beta of 1.20. Johnson Matthey PLC has a 52 week low of $71.57 and a 52 week high of $89.03. The firm has a 50-day moving average price of $74.71 and a 200-day moving average price of $77.64.

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