Elementis Given Outperform Rating at BNP Paribas (ELM)
Elementis (LON:ELM)‘s stock had its “outperform” rating restated by equities research analysts at BNP Paribas in a research note issued to investors on Friday, American Banking and Market News reports. They currently have a GBX 310 ($5.11) price target on the stock. BNP Paribas’ price objective would indicate a potential upside of 18.50% from the company’s current price.
A number of other analysts have also recently weighed in on ELM. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Elementis in a research note to investors on Friday, January 10th. They now have a GBX 284 ($4.68) price target on the stock. Separately, analysts at N+1 Singer reiterated a “corporate” rating on shares of Elementis in a research note to investors on Monday, January 6th. Finally, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Elementis in a research note to investors on Wednesday, December 18th. They now have a GBX 275 ($4.53) price target on the stock. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the company. The company has an average rating of “Hold” and an average price target of GBX 265.60 ($4.38).
Elementis (LON:ELM) traded down 0.87% on Friday, hitting GBX 261.60. 409,679 shares of the company’s stock traded hands. Elementis has a one year low of GBX 208.10 and a one year high of GBX 281.30. The stock’s 50-day moving average is GBX 261.8 and its 200-day moving average is GBX 251.3. The company’s market cap is £1.191 billion.
Elementis plc is a global specialty chemicals company. It operates in three segments: Specialty Products, Surfactants and Chromium.
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