Elementis plc (ELM) Given Consensus Recommendation of “Hold” by Brokerages
Shares of Elementis plc (LON:ELM) have earned a consensus rating of “Hold” from the nine analysts that are covering the company. One analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and two have given a buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is GBX 230.38 ($2.81).
Several equities research analysts have recently issued reports on ELM shares. Berenberg Bank decreased their price objective on Elementis plc from GBX 220 ($2.68) to GBX 200 ($2.44) and set a ” hold” rating on the stock in a report on Thursday, June 23rd. Numis Securities Ltd cut Elementis plc to a “hold” rating and set a GBX 210 ($2.56) price objective on the stock. in a report on Monday, August 8th. Jefferies Group restated a “hold” rating and set a GBX 200 ($2.44) price objective on shares of Elementis plc in a report on Monday, June 27th. JPMorgan Chase & Co. restated a “neutral” rating on shares of Elementis plc in a report on Thursday, June 23rd. Finally, Credit Suisse Group AG restated an “outperform” rating and set a GBX 260 ($3.17) price objective on shares of Elementis plc in a report on Tuesday, August 23rd.
Elementis plc (LON:ELM) opened at 222.60 on Friday. Elementis plc has a 1-year low of GBX 179.60 and a 1-year high of GBX 259.30. The company’s 50-day moving average price is GBX 215.50 and its 200 day moving average price is GBX 215.33. The firm’s market capitalization is GBX 1.03 billion.
The company also recently announced a dividend, which was paid on Friday, September 30th. Investors of record on Thursday, September 8th were given a GBX 2.05 ($0.03) dividend. This represents a dividend yield of 0.98%. The ex-dividend date of this dividend was Thursday, September 8th.
Elementis plc Company Profile
Elementis plc is a United Kingdom-based specialty chemicals company. The Company operates through three segments: Specialty Products, Surfactants and Chromium. Its Specialty Products segment is engaged in the production of rheological and other specialty additives, compounded products and colorants. Its Surfactants segment is engaged in the production of surface active ingredients.
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