Elementis (LON:ELM) Given “Buy” Rating at Jefferies Financial Group

Jefferies Financial Group restated their buy rating on shares of Elementis (LON:ELM) in a report published on Thursday morning, MarketBeat.com reports. Jefferies Financial Group currently has a GBX 200 target price on the stock.

Separately, JPMorgan Chase & Co. downgraded Elementis to a “neutral” rating in a report on Monday, August 11th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Elementis currently has an average rating of “Moderate Buy” and a consensus target price of GBX 185.

Elementis Price Performance

Shares of LON ELM opened at GBX 171 on Thursday. The company has a debt-to-equity ratio of 37.85, a current ratio of 2.04 and a quick ratio of 1.16. The stock has a fifty day moving average price of GBX 163.83 and a 200 day moving average price of GBX 152.75. Elementis has a 1-year low of GBX 109.60 and a 1-year high of GBX 179.60. The company has a market cap of £983.77 million, a PE ratio of -13.36, a P/E/G ratio of 3.05 and a beta of 2.02.

Insider Buying and Selling

In other Elementis news, insider Trudy Schoolenberg bought 30,000 shares of Elementis stock in a transaction on Friday, August 1st. The stock was bought at an average price of GBX 172 per share, with a total value of £51,600. Company insiders own 1.77% of the company’s stock.

Elementis Company Profile

Elementis is a global specialty chemicals company. We offer performance-driven additives that help create innovative formulations for consumer and industrial applications. As a FTSE 250 company, listed on the London Stock Exchange, we employ c.1,030 people globally. We have a nearly 200-year tradition of creating ingredients that add value to everyday consumer and industrial products.