Elementis (LON:ELM) Earns “Buy” Rating from UBS Group

Elementis (LON:ELM)‘s stock had its “buy” rating reaffirmed by equities research analysts at UBS Group in a research report issued on Friday, Marketbeat Ratings reports. They presently have a GBX 190 target price on the stock. UBS Group’s target price suggests a potential upside of 10.72% from the stock’s current price.

Separately, Jefferies Financial Group reissued a “buy” rating and set a GBX 200 price target on shares of Elementis in a research report on Thursday, October 23rd. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 195.

Elementis Stock Down 1.4%

Shares of ELM stock opened at GBX 171.60 on Friday. Elementis has a fifty-two week low of GBX 109.60 and a fifty-two week high of GBX 179.60. The firm has a market capitalization of £975.10 million, a PE ratio of -13.41, a P/E/G ratio of 3.05 and a beta of 2.02. The company has a debt-to-equity ratio of 37.85, a quick ratio of 1.16 and a current ratio of 2.04. The stock’s 50-day simple moving average is GBX 164.24 and its 200-day simple moving average is GBX 165.07.

Insider Transactions at Elementis

In other news, insider Luc van Ravenstein purchased 16,850 shares of the stock in a transaction that occurred on Thursday, November 20th. The shares were purchased at an average cost of GBX 156 per share, with a total value of £26,286. Company insiders own 1.81% of the company’s stock.

Elementis Company Profile

Elementis is a global specialty chemicals company. We offer performance-driven additives that help create innovative formulations for consumer and industrial applications. As a FTSE 250 company, listed on the London Stock Exchange, we employ c.1,030 people globally. We have a nearly 200-year tradition of creating ingredients that add value to everyday consumer and industrial products. In 2024 Elementis reported revenue of $738m and adjusted operating profit of $129m.