Elementis (LON:ELM) Earns “Buy” Rating from UBS Group

UBS Group reaffirmed their buy rating on shares of Elementis (LON:ELM) in a report issued on Thursday, ThisIsMoney.Co.Uk reports. They currently have a GBX 200 ($2.61) target price on the stock, down from their previous target price of GBX 210 ($2.74).

Several other equities analysts have also issued reports on the company. Berenberg Bank lifted their price target on Jupiter Fund Management from GBX 357 ($4.66) to GBX 360 ($4.70) and gave the stock a hold rating in a research report on Tuesday, April 30th. Numis Securities raised Royal Bank of Scotland Group from an add rating to a buy rating in a research report on Wednesday, May 1st. Credit Suisse Group set a €38.00 ($44.19) price target on Dialog Semiconductor and gave the stock a buy rating in a research report on Thursday, May 9th. HSBC set a €54.00 ($62.79) price target on ADO Properties and gave the stock a neutral rating in a research report on Wednesday, May 29th. Finally, JPMorgan Chase & Co. lifted their price target on from GBX 2,300 ($30.05) to GBX 2,900 ($37.89) and gave the stock a neutral rating in a research report on Friday, July 5th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and a consensus target price of GBX 217.50 ($2.84).

ELM opened at GBX 129.80 ($1.70) on Thursday. The stock has a 50-day moving average of GBX 140.82. The company has a current ratio of 2.56, a quick ratio of 1.34 and a debt-to-equity ratio of 64.90. The stock has a market cap of $753.35 million and a price-to-earnings ratio of 16.43. Elementis has a 1 year low of GBX 134.70 ($1.76) and a 1 year high of GBX 259.17 ($3.39).

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.

Further Reading: Outstanding Shares

Analyst Recommendations for Elementis (LON:ELM)

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