Several other equities research analysts also recently weighed in on the stock. N+1 Singer restated a corporate rating on shares of Elementis plc in a research note on Tuesday, April 25th. Berenberg Bank lifted their price objective on shares of Elementis plc from GBX 305 ($3.96) to GBX 315 ($4.09) and gave the stock a hold rating in a research note on Thursday, April 27th. Numis Securities Ltd reiterated an add rating and set a GBX 331 ($4.30) price objective on shares of Elementis plc in a research note on Tuesday, April 25th. Finally, Jefferies Group LLC lowered their price objective on shares of Elementis plc from GBX 285 ($3.70) to GBX 271 ($3.52) and set a hold rating for the company in a research note on Wednesday, April 26th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus price target of GBX 316 ($4.10).
Shares of Elementis plc (ELM) traded up 0.04% on Friday, reaching GBX 278.30. The company’s stock had a trading volume of 524,350 shares. The company’s market cap is GBX 1.29 billion. Elementis plc has a 12-month low of GBX 201.90 and a 12-month high of GBX 320.68. The company’s 50 day moving average price is GBX 293.77 and its 200 day moving average price is GBX 293.80.
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The firm also recently announced a dividend, which will be paid on Friday, September 29th. Investors of record on Thursday, September 7th will be given a dividend of GBX 2.05 ($0.03) per share. The ex-dividend date of this dividend is Thursday, September 7th. This represents a yield of 0.73%.
Elementis plc Company Profile
Elementis plc is a United Kingdom-based specialty chemicals company. The Company operates through three segments: Specialty Products, Chromium and Surfactants. The Specialty Products segment provides functional additives to the coatings, personal care and energy markets. It offers rheological additives and modifiers, high performance dispersing agents, organoclays and colorants, defoamers and coalescing agents, wetting and slip agents, loanolin and other natural oil derivatives, flow and leveling additives, other specialty additives and resins.
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