Elementis plc (ELM) Stock Rating Reaffirmed by Credit Suisse Group AG
Elementis plc (LON:ELM)‘s stock had its “outperform” rating reaffirmed by stock analysts at Credit Suisse Group AG in a research report issued to clients and investors on Wednesday. They presently have a GBX 290 ($3.62) price target on the stock. Credit Suisse Group AG’s price target suggests a potential upside of 14.94% from the company’s current price.
A number of other equities analysts also recently weighed in on the stock. Numis Securities Ltd downgraded shares of Elementis plc to a “hold” rating and set a GBX 210 ($2.62) price target on the stock. in a research note on Monday, August 8th. Berenberg Bank raised shares of Elementis plc to a “buy” rating and increased their price target for the stock from GBX 200 ($2.50) to GBX 270 ($3.37) in a research note on Wednesday, November 9th. Jefferies Group reaffirmed a “hold” rating and set a GBX 200 ($2.50) price target on shares of Elementis plc in a research note on Tuesday. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 205 ($2.56) price target on shares of Elementis plc in a research note on Wednesday, August 3rd. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the stock. Elementis plc currently has a consensus rating of “Hold” and a consensus target price of GBX 249.25 ($3.11).
Shares of Elementis plc (LON:ELM) opened at 250.70 on Wednesday. Elementis plc has a 52-week low of GBX 179.60 and a 52-week high of GBX 261.60. The stock’s market capitalization is GBX 1.16 billion. The stock’s 50 day moving average is GBX 229.80 and its 200 day moving average is GBX 216.22.
About Elementis plc
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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