Elementis plc Rating Reiterated by BNP Paribas (ELM)
Elementis plc (LON:ELM)‘s stock had its “outperform” rating reiterated by analysts at BNP Paribas in a research report issued to clients and investors on Tuesday. They currently have a GBX 330 ($5.55) price objective on the stock. BNP Paribas’ price objective would suggest a potential upside of 23.55% from the stock’s previous close.
Shares of Elementis plc (LON:ELM) traded up 1.95% during mid-day trading on Tuesday, hitting GBX 272.30. 183,653 shares of the company’s stock traded hands. Elementis plc has a one year low of GBX 208.90 and a one year high of GBX 305.10. The stock has a 50-day moving average of GBX 283.4 and a 200-day moving average of GBX 269.7. The company’s market cap is £1.249 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Elementis plc in a research note on Thursday, May 15th. They now have a GBX 320 ($5.38) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Elementis plc in a research note on Thursday, April 24th. They now have a GBX 297 ($5.00) price target on the stock. Finally, analysts at N+1 Singer reiterated a “corporate” rating on shares of Elementis plc in a research note on Thursday, April 24th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company’s stock. Elementis plc has a consensus rating of “Hold” and a consensus price target of GBX 286.56 ($4.82).
Elementis plc is a global specialty chemicals company. It operates in three segments: Specialty Products, Surfactants and Chromium.
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