Elementis plc (ELM) Stock Rating Reaffirmed by Numis Securities Ltd

Numis Securities Ltd restated their add rating on shares of Elementis plc (LON:ELM) in a research report report published on Friday. They currently have a GBX 335 ($4.42) price objective on the stock.

ELM has been the topic of a number of other reports. UBS AG assumed coverage on Elementis plc in a report on Monday, August 21st. They set a buy rating and a GBX 340 ($4.49) price target on the stock. J P Morgan Chase & Co lifted their price target on Elementis plc from GBX 275 ($3.63) to GBX 285 ($3.76) and gave the stock a neutral rating in a report on Thursday, August 3rd. Finally, Credit Suisse Group reiterated an outperform rating on shares of Elementis plc in a report on Friday, July 21st. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock presently has an average rating of Hold and a consensus price target of GBX 316 ($4.17).

Elementis plc (LON ELM) opened at 285.60 on Friday. The company’s 50 day moving average price is GBX 275.48 and its 200-day moving average price is GBX 289.02. The firm’s market capitalization is GBX 1.32 billion. Elementis plc has a 12-month low of GBX 229.00 and a 12-month high of GBX 320.68.

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In other news, insider Dorothee Deuring bought 10,000 shares of the stock in a transaction on Tuesday, September 5th. The shares were purchased at an average cost of GBX 275 ($3.63) per share, for a total transaction of £27,500 ($36,289.26).

About Elementis plc

Elementis plc is a United Kingdom-based specialty chemicals company. The Company operates through three segments: Specialty Products, Chromium and Surfactants. The Specialty Products segment provides functional additives to the coatings, personal care and energy markets. It offers rheological additives and modifiers, high performance dispersing agents, organoclays and colorants, defoamers and coalescing agents, wetting and slip agents, loanolin and other natural oil derivatives, flow and leveling additives, other specialty additives and resins.

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