UBS Group Reiterates Buy Rating for Elementis (LON:ELM)

Elementis (LON:ELM)‘s stock had its “buy” rating restated by UBS Group in a report released on Friday,London Stock Exchange reports. They presently have a GBX 190 price objective on the stock. UBS Group’s price objective would suggest a potential upside of 10.98% from the stock’s previous close.

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

Elementis Stock Down 1.6%

Shares of Elementis stock traded down GBX 2.80 during trading on Friday, hitting GBX 171.20. 144,559 shares of the stock traded hands, compared to its average volume of 2,459,323. The company has a fifty day moving average price of GBX 164 and a two-hundred day moving average price of GBX 164.96. Elementis has a twelve month low of GBX 109.60 and a twelve month high of GBX 179.60. The stock has a market cap of £972.82 million, a P/E ratio of -13.38, a PEG 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.

Insider Buying and Selling at Elementis

In related news, insider Luc van Ravenstein acquired 16,850 shares of the firm’s stock in a transaction on Thursday, November 20th. The shares were bought 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.

About Elementis

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.