Elementis plc Given Consensus Recommendation of “Hold” by Analysts (LON:ELM)
Elementis plc (LON:ELM) has been given an average rating of “Hold” by the eleven ratings firms that are currently covering the company, Stock Ratings News reports. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is GBX 285.56 ($4.77).
A number of research firms have recently commented on ELM. Analysts at Canaccord Genuity reiterated a “hold” rating on shares of Elementis plc in a research note on Wednesday, August 13th. They now have a GBX 272 ($4.55) price target on the stock. Finally, analysts at Numis Securities Ltd raised their price target on shares of Elementis plc from GBX 281 ($4.70) to GBX 287 ($4.80) in a research note on Thursday, July 31st. They now have a “hold” rating on the stock.
Elementis plc (LON:ELM) traded down 0.14% on Tuesday, hitting GBX 289.00. 314,957 shares of the company’s stock traded hands. Elementis plc has a 1-year low of GBX 229.70 and a 1-year high of GBX 305.10. The stock has a 50-day moving average of GBX 267.2 and a 200-day moving average of GBX 276.0. The company’s market cap is £1.329 billion.
The company also recently declared a dividend, which is scheduled for Friday, October 3rd. Shareholders of record on Wednesday, September 10th will be given a dividend of GBX 1.59 ($0.03) per share. This represents a yield of 0.58%. The ex-dividend date of this dividend is Wednesday, September 10th.
Elementis plc is a global specialty chemicals company. It operates in three segments: Specialty Products, Surfactants and Chromium.
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