Elementis plc’s Corporate Rating Reaffirmed at N+1 Singer (ELM)
Elementis plc (LON:ELM)‘s stock had its “corporate” rating reiterated by research analysts at N+1 Singer in a report released on Thursday, AR Network reports.
Shares of Elementis plc (LON:ELM) traded up 0.31% on Thursday, hitting GBX 290.90. The stock had a trading volume of 506,419 shares. Elementis plc has a 52 week low of GBX 208.90 and a 52 week high of GBX 305.10. The stock has a 50-day moving average of GBX 284.6 and a 200-day moving average of GBX 265.6. The company’s market cap is £1.335 billion.
A number of other firms have also recently commented on ELM. Analysts at Barclays reiterated an “underweight” rating on shares of Elementis plc in a research note on Monday, April 14th. They now have a GBX 243 ($4.08) price target on the stock. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of Elementis plc in a research note on Thursday, April 10th. They now have a GBX 314 ($5.27) price target on the stock. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of Elementis plc from GBX 284 ($4.77) to GBX 320 ($5.37) in a research note on Friday, March 28th. They now have an “overweight” rating on the stock. Two research analysts have rated the stock with a sell rating, two have given a hold rating and seven have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of GBX 283.90 ($4.77).
Elementis plc is a global specialty chemicals company. It operates in three segments: Specialty Products, Surfactants and Chromium.
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