Shares of Elementis plc (LON:ELM) have been assigned a consensus rating of “Hold” from the eight ratings firms that are covering the company. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is GBX 249.25 ($3.11).

ELM has been the subject of several research analyst reports. Credit Suisse Group AG reaffirmed an “outperform” rating and set a GBX 260 ($3.25) price target on shares of Elementis plc in a research note on Wednesday, August 3rd. 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, November 15th. JPMorgan Chase & Co. reissued a “neutral” rating and set a GBX 205 ($2.56) price objective on shares of Elementis plc in a report on Wednesday, August 3rd. Numis Securities Ltd lifted their price objective on shares of Elementis plc from GBX 210 ($2.62) to GBX 261 ($3.26) and gave the company a “hold” rating in a report on Tuesday, November 1st. Finally, Berenberg Bank raised shares of Elementis plc to a “buy” rating and lifted their price objective for the company from GBX 200 ($2.50) to GBX 270 ($3.37) in a report on Wednesday, November 9th.

Elementis plc (LON:ELM) opened at 254.60 on Friday. The stock’s 50 day moving average price is GBX 232.70 and its 200 day moving average price is GBX 217.17. Elementis plc has a 12-month low of GBX 179.60 and a 12-month high of GBX 261.60. The company’s market capitalization is GBX 1.18 billion.

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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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