Analysts Set Elementis plc (ELM) Price Target at $316.00

Elementis plc (LON:ELM) has received a consensus recommendation of “Hold” from the seven analysts that are presently covering the company, Marketbeat.com reports. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is GBX 316 ($4.37).

Several research analysts have recently commented on the company. Numis Securities reiterated an “add” rating and issued a GBX 335 ($4.63) target price on shares of Elementis in a research report on Friday, October 27th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a GBX 285 ($3.94) target price on shares of Elementis in a research report on Monday, October 30th. Finally, Credit Suisse Group reiterated an “outperform” rating and issued a GBX 350 ($4.84) target price on shares of Elementis in a research report on Friday, October 27th.

Elementis (ELM) traded down GBX 0.60 ($0.01) during midday trading on Tuesday, hitting GBX 281.60 ($3.89). 582,696 shares of the stock were exchanged, compared to its average volume of 609,959. The company has a market capitalization of $1,300.00 and a PE ratio of 2,560.00. Elementis has a 12-month low of GBX 255.10 ($3.52) and a 12-month high of GBX 320.68 ($4.43).

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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.

Analyst Recommendations for Elementis (LON:ELM)

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