Elementis plc (LON:ELM) Receives Average Recommendation of “Hold” from Brokerages
Shares of Elementis plc (LON:ELM) have earned a consensus rating of “Hold” from the seven brokerages that are presently covering the company, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is GBX 309.20 ($4.08).
ELM has been the subject of several research reports. Numis Securities Ltd boosted their price objective on shares of Elementis plc from GBX 331 ($4.37) to GBX 335 ($4.42) and gave the company an “add” rating in a report on Friday. N+1 Singer reissued a “corporate” rating on shares of Elementis plc in a report on Tuesday, April 25th. Berenberg Bank boosted their target price on shares of Elementis plc from GBX 305 ($4.02) to GBX 315 ($4.16) and gave the company a “hold” rating in a research report on Thursday, April 27th. Jefferies Group LLC cut their target price on shares of Elementis plc from GBX 285 ($3.76) to GBX 271 ($3.57) and set a “hold” rating for the company in a research report on Wednesday, April 26th. Finally, J P Morgan Chase & Co boosted their target price on shares of Elementis plc from GBX 275 ($3.63) to GBX 285 ($3.76) and gave the company a “neutral” rating in a research report on Thursday.
Elementis plc (ELM) traded up 1.39% on Friday, reaching GBX 291.00. 375,896 shares of the company traded hands. The stock’s 50-day moving average is GBX 298.96 and its 200-day moving average is GBX 293.00. Elementis plc has a 1-year low of GBX 201.30 and a 1-year high of GBX 320.68. The stock’s market capitalization is GBX 1.35 billion.
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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