Elementis (LON:ELM) had its target price reduced by Credit Suisse Group from GBX 350 ($4.84) to GBX 340 ($4.70) in a research note issued to investors on Wednesday. The firm currently has an “outperform” rating on the stock. Credit Suisse Group’s price target indicates a potential upside of 21.52% from the stock’s current price.
A number of other equities research analysts also recently weighed in on ELM. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a GBX 285 ($3.94) price target on shares of Elementis in a report on Wednesday. Numis Securities reiterated an “add” rating and issued a GBX 335 ($4.63) price target on shares of Elementis in a report on Tuesday, December 12th. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of GBX 314.33 ($4.34).
Shares of Elementis (ELM) opened at GBX 279.80 ($3.87) on Wednesday. Elementis has a twelve month low of GBX 255.10 ($3.52) and a twelve month high of GBX 320.68 ($4.43). The firm has a market capitalization of $1,300.00 and a P/E ratio of 3,108.89.
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.
Receive News & Ratings for Elementis Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Elementis and related companies with MarketBeat.com's FREE daily email newsletter.