JP Morgan Cazenove Has Just Reaffirmed GBX 215.00 Target Price Per Share on Elementis PLC (LON:ELM) stock, While They’ve Also Reiterated Their “Neutral” Rating

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Elementis PLC (LON:ELM) Rating Reaffirmed

JP Morgan Cazenove now has a GBX 215.00 PT on the 1.01B GBP market cap company or -2.80% downside potential. In a recent research report released on 18 December, Elementis PLC (LON:ELM) shares have had their “Neutral” Rating kept steady by research professionals at JP Morgan Cazenove.

From a total of 9 analysts covering Elementis PLC (LON:ELM) stock, 4 rate it a ”Buy”, 1 a “Sell”, and 5 a ”Hold”. This means that 40% of the ratings are positive. The highest target price is GBX 4.74 while the lowest target price is GBX 3.54. The mean of all analyst targets is GBX 4.03 with a 18.37% above today’s (GBX 221.2) stock price. Elementis PLC was the topic of 17 analyst reports since July 29, 2015 according to the firm StockzIntelligence Inc. BNP Paribas maintained shares on December 1 with “Neutral” rating. Jefferies maintained shares with “Hold” rating and GBX 233 target share price in a report from an October 30. N+1 Singer maintained ELM stock in a recent report from November 9 with “Corporate” rating. Credit Suisse maintained the rating on October 8. Credit Suisse has a “Neutral” rating and a GBX 250 price target on shares. Finally, Numis Securities upgraded the stock to “Add” rating in a report issued on a November 2.

The stock decreased 6.55% or GBX 15.5 on December 17, striking GBX 221.2. Approximately 3.18 million shares of stock traded hands or 346.82% up from the average. Elementis plc (LON:ELM) has declined 27.83% since May 21, 2015 and is downtrending. It has underperformed by 25.57% the S&P500.

JP Morgan Cazenove Has Just Reaffirmed GBX 215.00 Target Price Per Share on Elementis PLC (LON:ELM) stock, While They’ve Also Reiterated Their

Elementis plc is a global specialty chemicals company. The company has a market cap of 1.01 billion GBP. The Firm operates through three divisions: Specialty Products, Chromium and Surfactants. It has 9.19 P/E ratio. The Specialty Products business provides functional additives to the industrial and decorative coatings, oilfield drilling and personal care markets.

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