Elementis plc (ELM) Rating Reiterated by Numis Securities Ltd
Elementis plc (LON:ELM)‘s stock had its “hold” rating reiterated by investment analysts at Numis Securities Ltd in a research report issued on Tuesday. They presently have a GBX 261 ($3.26) target price on the stock. Numis Securities Ltd’s price target would suggest a potential upside of 4.36% from the company’s current price.
ELM has been the subject of several other reports. JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 205 ($2.56) price objective on shares of Elementis plc in a research report on Wednesday, August 3rd. Credit Suisse Group AG reissued an “outperform” rating and issued a GBX 260 ($3.25) price objective on shares of Elementis plc in a research report on Wednesday, August 3rd. Berenberg Bank raised Elementis plc to a “buy” rating and lifted their price objective for the stock from GBX 200 ($2.50) to GBX 270 ($3.37) in a research report on Wednesday, November 9th. Finally, Jefferies Group reissued a “hold” rating and issued a GBX 200 ($2.50) price objective on shares of Elementis plc in a research report on Tuesday. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of GBX 249.25 ($3.11).
Shares of Elementis plc (LON:ELM) opened at 252.80 on Tuesday. The firm’s market capitalization is GBX 1.17 billion. The stock has a 50 day moving average price of GBX 228.66 and a 200-day moving average price of GBX 215.97. Elementis plc has a 52-week low of GBX 179.60 and a 52-week high of GBX 261.60.
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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