UBS Group Reiterates Buy Rating for Elementis (LON:ELM)

Elementis (LON:ELM)‘s stock had its “buy” rating reissued by equities researchers at UBS Group in a research report issued on Monday, ThisIsMoney.Co.Uk reports.

A number of other equities research analysts have also issued reports on the stock. Numis Securities upgraded shares of Royal Bank of Scotland Group from an “add” rating to a “buy” rating in a report on Wednesday, May 1st. HSBC set a €54.00 ($62.79) price objective on shares of ADO Properties and gave the company a “neutral” rating in a research note on Wednesday, May 29th. JPMorgan Chase & Co. upped their price objective on shares of from GBX 2,300 ($30.05) to GBX 2,900 ($37.89) and gave the company a “neutral” rating in a research note on Friday, July 5th. Credit Suisse Group set a €38.00 ($44.19) price objective on shares of Dialog Semiconductor and gave the company a “buy” rating in a research note on Thursday, May 9th. Finally, Berenberg Bank upped their price objective on shares of Jupiter Fund Management from GBX 357 ($4.66) to GBX 360 ($4.70) and gave the company a “hold” rating in a research note on Tuesday, April 30th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Elementis currently has a consensus rating of “Buy” and a consensus target price of GBX 217.50 ($2.84).

ELM stock opened at GBX 147.50 ($1.93) on Monday. Elementis has a 52-week low of GBX 127.30 ($1.66) and a 52-week high of GBX 258.07 ($3.37). The company’s 50 day moving average price is GBX 137.10. The company has a debt-to-equity ratio of 64.90, a current ratio of 2.56 and a quick ratio of 1.34. The firm has a market capitalization of $856.08 million and a price-to-earnings ratio of 18.67.

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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