Credit Suisse Group Reiterates Outperform Rating for Elementis plc (LON:ELM)
Elementis plc (LON:ELM)‘s stock had its “outperform” rating reissued by Credit Suisse Group in a report issued on Friday.
ELM has been the topic of a number of other reports. Jefferies Group LLC decreased their price target on Elementis plc from GBX 285 ($3.72) to GBX 271 ($3.54) and set a “hold” rating on the stock in a research note on Wednesday, April 26th. Numis Securities Ltd restated an “add” rating and set a GBX 331 ($4.32) price target on shares of Elementis plc in a research note on Tuesday, April 25th. Berenberg Bank upped their price target on Elementis plc from GBX 305 ($3.98) to GBX 315 ($4.11) and gave the stock a “hold” rating in a research note on Thursday, April 27th. Finally, N+1 Singer restated a “corporate” rating on shares of Elementis plc in a research note on Tuesday, April 25th. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of GBX 313.67 ($4.10).
Elementis plc (LON ELM) opened at 304.90 on Friday. The firm’s 50-day moving average price is GBX 298.41 and its 200 day moving average price is GBX 291.16. The stock’s market capitalization is GBX 1.41 billion. Elementis plc has a 12-month low of GBX 201.30 and a 12-month high of GBX 320.68.
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In other news, insider Sandra Boss purchased 10,000 shares of the firm’s stock in a transaction on Tuesday, April 25th. The shares were bought at an average cost of GBX 311 ($4.06) per share, for a total transaction of £31,100 ($40,611.13).
Elementis plc Company Profile
Elementis plc is a United Kingdom-based specialty chemicals company. The Company operates through three segments: Specialty Products, Chromium and Surfactants. The Specialty Products segment provides functional additives to the coatings, personal care and energy markets. It offers rheological additives and modifiers, high performance dispersing agents, organoclays and colorants, defoamers and coalescing agents, wetting and slip agents, loanolin and other natural oil derivatives, flow and leveling additives, other specialty additives and resins.
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