Elementis (LON:ELM) PT Lowered to GBX 153

Elementis (LON:ELM) had its price target decreased by Jefferies Financial Group from GBX 190 ($2.50) to GBX 153 ($2.01) in a research report sent to investors on Tuesday, Stock Target Advisor reports. Jefferies Financial Group currently has a hold rating on the stock.

Other equities analysts have also recently issued reports about the company. Berenberg Bank restated a buy rating on shares of Elementis in a report on Tuesday, January 14th. UBS Group reiterated a buy rating on shares of Elementis in a research note on Wednesday, November 20th. Finally, JPMorgan Chase & Co. decreased their price objective on Elementis from GBX 195 ($2.57) to GBX 170 ($2.24) and set an overweight rating for the company in a research note on Wednesday, January 15th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Elementis presently has an average rating of Buy and an average target price of GBX 183.83 ($2.42).

Shares of Elementis stock opened at GBX 134 ($1.76) on Tuesday. The business has a 50-day moving average of GBX 166.13 and a 200 day moving average of GBX 153.98. Elementis has a 12 month low of GBX 127.30 ($1.67) and a 12 month high of GBX 198.90 ($2.62). The stock has a market capitalization of $777.89 million and a price-to-earnings ratio of 15.40. The company has a debt-to-equity ratio of 70.37, a current ratio of 2.37 and a quick ratio of 1.37.

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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