Breaking: Elementis (LON:ELM) Add Rating Reemphasized by Numis Today; The Price Target Given is GBX 253

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Elementis (LON:ELM) Rating Reaffirmed

The investment house has just set a Estimated Target Price of GBX 253 on Elementis (LON:ELM) shares. This is 14.95% from the last close price. In an analyst research report released on Friday morning, Numis reiterated their Add rating on shares of ELM.

From a total of 9 analysts covering Elementis PLC (LON:ELM) stock, 0 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that NaN of the ratings are positive. The highest target price is GBX 4.68 while the lowest target price is GBX 3.22. The mean of all analyst targets is GBX 3.89 with a 14.13% above today’s (GBX 219.8) stock price. Elementis PLC was the topic of 19 analyst reports since July 29, 2015 according to the firm StockzIntelligence Inc. BNP Paribas maintained shares on December 18 with “Neutral” rating. Numis Securities upgraded shares to “Add” rating and GBX 271 target share price in a report from a November 2. Investec maintained ELM stock in a recent report from November 26 with “Buy” rating. Jefferies maintained the rating on October 30. Jefferies has a “Hold” rating and a GBX 233 price target on shares. Finally, UBS maintained the stock with “Neutral” rating in a report issued on a November 6.

Approximately 623,680 shares of stock traded hands. Elementis plc (LON:ELM) has declined 27.83% since May 21, 2015 and is downtrending. It has underperformed by 24.02% the S&P500.

Breaking: Elementis (LON:ELM) Add Rating Reemphasized by Numis Today; The Price Target Given is GBX 253

Elementis plc is a global specialty chemicals company. The company has a market cap of 1.09 billion GBP. The Firm operates through three divisions: Specialty Products, Chromium and Surfactants. It has 9.11 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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