Elementis Stock Rating Reaffirmed by Goldman Sachs (ELM)
Elementis (LON:ELM)‘s stock had its “neutral” rating reiterated by stock analysts at Goldman Sachs in a report issued on Monday, StockRatingsNetwork.com reports. They currently have a GBX 310 ($5.09) target price on the stock. Goldman Sachs’ price target indicates a potential upside of 18.28% from the company’s current price.
Elementis (LON:ELM) traded down 0.80% on Monday, hitting GBX 260.00. The stock had a trading volume of 411,596 shares. Elementis has a 52 week low of GBX 208.90 and a 52 week high of GBX 281.30. The stock has a 50-day moving average of GBX 262.3 and a 200-day moving average of GBX 254.8. The company’s market cap is £1.184 billion.
A number of other firms have also recently commented on ELM. Analysts at Berenberg Bank reiterated a “buy” rating on shares of Elementis in a research note to investors on Wednesday, February 5th. They now have a GBX 285 ($4.68) price target on the stock. Separately, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Elementis in a research note to investors on Wednesday, January 29th. They now have a GBX 275 ($4.51) price target on the stock. Finally, analysts at Barclays raised their price target on shares of Elementis from GBX 216 ($3.54) to GBX 233 ($3.82) in a research note to investors on Thursday, January 23rd. They now have an “underweight” rating on the stock. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the stock. Elementis has a consensus rating of “Hold” and a consensus price target of GBX 271.80 ($4.46).
Elementis plc is a global specialty chemicals company. It operates in three segments: Specialty Products, Surfactants and Chromium.
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