Jefferies Financial Group reiterated their buy rating on shares of Elementis (LON:ELM – Free Report) in a research report released on Wednesday morning,Digital Look reports. Jefferies Financial Group currently has a GBX 210 target price on the stock.
ELM has been the subject of several other reports. Berenberg Bank lifted their price target on Elementis from GBX 195 to GBX 220 and gave the company a “buy” rating in a report on Friday, July 31st. Deutsche Bank Aktiengesellschaft increased their price objective on Elementis from GBX 200 to GBX 215 and gave the stock a “buy” rating in a report on Friday, July 31st. Finally, JPMorgan Chase & Co. increased their price objective on Elementis from GBX 186 to GBX 190 and gave the stock a “neutral” rating in a report on Wednesday, August 12th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 206.
Read Our Latest Analysis on ELM
Elementis Stock Performance
Shares of LON ELM opened at GBX 187 on Wednesday. The business’s 50-day moving average price is GBX 178.13 and its two-hundred day moving average price is GBX 164.37. The company has a debt-to-equity ratio of 39.91, a current ratio of 2.27 and a quick ratio of 1.16. Elementis has a one year low of GBX 136 and a one year high of GBX 195.40. The company has a market capitalization of £1.06 billion, a P/E ratio of 14.84, a price-to-earnings-growth ratio of 3.05 and a beta of 0.93.
Elementis (LON:ELM – Get Free Report) last issued its earnings results on Thursday, July 30th. The company reported GBX 8.60 earnings per share for the quarter. Elementis had a return on equity of 11.29% and a net margin of 12.16%. Analysts anticipate that Elementis will post 9.50 earnings per share for the current fiscal year.
About Elementis
Elementis is a global specialty chemicals company listed on the London Stock Exchange. The Group employs c.1,000 across 20 global locations. As recognised innovation leaders with deep expertise in rheology (the science of flow), and formulation solutions, we develop distinctive solutions and products to improve performance, achieve smoother production, and enhance sustainability credentials for customers across a range of industries. The Group also owns and operates the largest high-quality hectorite mine in the world.
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