Elementis plc Given Consensus Recommendation of “Hold” by Analysts (LON:ELM)
Shares of Elementis plc (LON:ELM) have earned an average rating of “Hold” from the eleven ratings firms that are currently covering the stock, Analyst Ratings Net reports. Two analysts have rated the stock with a sell recommendation, two have given a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is GBX 286.44 ($4.91).
Elementis plc (LON:ELM) traded down 1.68% on Tuesday, hitting GBX 263.60. 242,594 shares of the company’s stock traded hands. Elementis plc has a one year low of GBX 221.10 and a one year high of GBX 305.10. The stock has a 50-day moving average of GBX 277.0 and a 200-day moving average of GBX 275.2. The company’s market cap is £1.209 billion.
A number of research firms have recently commented on ELM. Analysts at BNP Paribas reiterated an “outperform” rating on shares of Elementis plc in a research note on Thursday, July 3rd. They now have a GBX 325 ($5.57) 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 Friday, June 27th. They now have a GBX 281 ($4.82) price target on the stock, down previously from GBX 297 ($5.09). Finally, analysts at Goldman Sachs raised their price target on shares of Elementis plc from GBX 310 ($5.32) to GBX 330 ($5.66) in a research note on Friday, May 23rd. They now have a “neutral” rating on the stock.
Elementis plc is a global specialty chemicals company. It operates in three segments: Specialty Products, Surfactants and Chromium.
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