Elementis plc (ELM) Receives GBX 316 Average PT from Analysts

Elementis plc (LON:ELM) has received an average rating of “Hold” from the seven analysts that are covering the firm, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is GBX 316 ($4.25).

Several research firms recently weighed in on ELM. UBS began coverage on Elementis in a report on Monday, August 21st. They set a “buy” rating and a GBX 340 ($4.58) price target for the company. J P Morgan Chase & Co reissued a “neutral” rating and set a GBX 285 ($3.84) price target on shares of Elementis in a report on Tuesday, September 26th. Numis Securities reissued an “add” rating and set a GBX 335 ($4.51) price target on shares of Elementis in a report on Friday, October 27th. Finally, Credit Suisse Group reissued an “outperform” rating and set a GBX 350 ($4.71) price target on shares of Elementis in a report on Friday, October 27th.

Elementis (LON:ELM) traded up GBX 3.46 ($0.05) on Thursday, hitting GBX 271.96 ($3.66). The stock had a trading volume of 669,613 shares, compared to its average volume of 716,991. Elementis has a 52 week low of GBX 255.10 ($3.43) and a 52 week high of GBX 320.68 ($4.32).

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Elementis Company Profile

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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