Elementis (ELM) Receives “Outperform” Rating from Credit Suisse Group

Share on StockTwits

Credit Suisse Group restated their outperform rating on shares of Elementis (LON:ELM) in a research report sent to investors on Wednesday. They currently have a GBX 290 ($3.79) price objective on the stock, down from their previous price objective of GBX 306 ($4.00).

ELM has been the subject of several other research reports. Berenberg Bank reduced their target price on shares of Elementis from GBX 315 ($4.12) to GBX 260 ($3.40) and set a buy rating for the company in a report on Friday, October 26th. Numis Securities reaffirmed a buy rating and set a GBX 340 ($4.44) target price on shares of Elementis in a report on Tuesday, September 11th. JPMorgan Chase & Co. reduced their target price on shares of Elementis from GBX 290 ($3.79) to GBX 225 ($2.94) and set an overweight rating for the company in a report on Friday, December 7th. HSBC dropped their price objective on shares of Elementis from GBX 340 ($4.44) to GBX 330 ($4.31) and set a buy rating for the company in a research note on Wednesday, September 12th. Finally, UBS Group dropped their price objective on shares of Elementis from GBX 320 ($4.18) to GBX 290 ($3.79) and set a buy rating for the company in a research note on Thursday, October 25th. Seven equities research analysts have rated the stock with a buy rating, The stock currently has a consensus rating of Buy and a consensus price target of GBX 263.57 ($3.44).

Shares of ELM stock opened at GBX 191.90 ($2.51) on Wednesday. Elementis has a 52 week low of GBX 255.10 ($3.33) and a 52 week high of GBX 321.80 ($4.20).

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.

Recommended Story: Why Dividend Stocks May Be Right for You

Analyst Recommendations for Elementis (LON:ELM)

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.

Latest News

Brokerages Expect Nike Inc  to Announce $0.63 Earnings Per Share
Brokerages Expect Nike Inc to Announce $0.63 Earnings Per Share
Raymond James Upgrades Commerce Bancshares  to “Market Perform”
Raymond James Upgrades Commerce Bancshares to “Market Perform”
Brokerages Expect Nike Inc  to Announce $0.63 Earnings Per Share
Brokerages Expect Nike Inc to Announce $0.63 Earnings Per Share
Zacks Investment Research Lowers Orange  to Sell
Zacks Investment Research Lowers Orange to Sell
Earthstone Energy’s  “Outperform” Rating Reaffirmed at Imperial Capital
Earthstone Energy’s “Outperform” Rating Reaffirmed at Imperial Capital
Codexis  Downgraded to Hold at Zacks Investment Research
Codexis Downgraded to Hold at Zacks Investment Research


Leave a Reply

© 2006-2019 Ticker Report