Elementis plc (ELM) Given Average Recommendation of “Hold” by Brokerages
Elementis plc (LON:ELM) has been assigned an average recommendation of “Hold” from the seven brokerages that are currently covering the stock, Marketbeat reports. Four analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is GBX 316 ($4.25).
A number of analysts recently commented on the stock. Numis Securities restated an “add” rating and issued a GBX 335 ($4.51) price objective on shares of Elementis in a research report on Friday, October 27th. UBS assumed coverage on shares of Elementis in a research report on Monday, August 21st. They issued a “buy” rating and a GBX 340 ($4.58) price objective for the company. J P Morgan Chase & Co restated a “neutral” rating and issued a GBX 285 ($3.84) price objective on shares of Elementis in a research report on Monday, October 30th. Finally, Credit Suisse Group restated an “outperform” rating and issued a GBX 350 ($4.71) price objective on shares of Elementis in a research report on Friday, October 27th.
Shares of Elementis (LON ELM) opened at GBX 271.66 ($3.66) on Thursday. Elementis has a 12-month low of GBX 252.90 ($3.40) and a 12-month high of GBX 320.68 ($4.32).
Elementis 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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