Johnson Matthey (OTCMKTS:JMPLY) Receives Consensus Recommendation of “Hold” from Brokerages

Johnson Matthey (OTCMKTS:JMPLY) has received an average recommendation of “Hold” from the six research firms that are presently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company.

A number of equities analysts recently weighed in on JMPLY shares. Investec downgraded shares of Johnson Matthey from a “hold” rating to a “sell” rating in a report on Friday, April 12th. Zacks Investment Research upgraded shares of Johnson Matthey from a “hold” rating to a “buy” rating and set a $94.00 target price on the stock in a report on Wednesday, April 3rd.

Shares of JMPLY opened at $82.80 on Wednesday. Johnson Matthey has a 1-year low of $67.00 and a 1-year high of $99.65. The stock’s fifty day moving average price is $81.78.

The business also recently disclosed a Semi-Annual dividend, which will be paid on Friday, August 16th. Shareholders of record on Thursday, June 13th will be issued a $1.552 dividend. This is an increase from Johnson Matthey’s previous Semi-Annual dividend of $0.57. The ex-dividend date is Wednesday, June 12th. Johnson Matthey’s payout ratio is currently 52.01%.

About Johnson Matthey

Johnson Matthey is a global leader in science that enables a cleaner and healthier world. With over 200 years of sustained commitment to innovation and technological breakthroughs, they improve the function, performance and safety of their customers’ products. Their science has a global impact in areas such as low emission transport, pharmaceuticals, chemical processing and making the most efficient use of the planet’s natural resources.

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