Elementis (LON:ELM) Stock Rating Reaffirmed by UBS Group

Elementis (LON:ELM)‘s stock had its “buy” rating reiterated by analysts at UBS Group in a research report issued to clients and investors on Monday, ThisIsMoney.Co.Uk reports.

Other analysts have also issued reports about the company. Numis Securities reaffirmed a “buy” rating on shares of Elementis in a research report on Wednesday, May 1st. HSBC decreased their target price on Elementis from GBX 185 ($2.42) to GBX 165 ($2.16) and set a “hold” rating for the company in a research report on Wednesday, May 29th. Credit Suisse Group decreased their target price on Elementis from GBX 290 ($3.79) to GBX 270 ($3.53) and set an “outperform” rating for the company in a research report on Friday, March 15th. Berenberg Bank decreased their target price on Elementis from GBX 225 ($2.94) to GBX 210 ($2.74) and set a “buy” rating for the company in a research report on Tuesday, April 30th. Finally, JPMorgan Chase & Co. decreased their target price on Elementis from GBX 225 ($2.94) to GBX 215 ($2.81) and set an “overweight” rating for the company in a research report on Wednesday, May 1st. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of GBX 222.50 ($2.91).

ELM stock opened at GBX 140.30 ($1.83) on Monday. The stock has a 50-day simple moving average of GBX 147.08. Elementis has a 1-year low of GBX 134.70 ($1.76) and a 1-year high of GBX 264.85 ($3.46). The company has a debt-to-equity ratio of 64.90, a quick ratio of 1.34 and a current ratio of 2.56. The company has a market cap of $813.08 million and a price-to-earnings ratio of 17.76.

Elementis Company Profile

Elementis plc manufactures and sells specialty chemicals in North and South America, Europe, and Asia. It operates through Specialty Products and Chromium segments. The Specialty Products segment offers functional additives to the personal care, coatings, and energy end markets, as well as oilfield and construction sectors.

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Analyst Recommendations for Elementis (LON:ELM)

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