Elementis (LON:ELM) Earns “Buy” Rating from UBS Group

Elementis (LON:ELM)‘s stock had its “buy” rating reiterated by equities researchers at UBS Group in a research report issued on Friday,London Stock Exchange reports. They currently have a GBX 190 price target on the stock. UBS Group’s target price suggests a potential upside of 10.98% from the company’s previous close.

Separately, Jefferies Financial Group restated a “buy” rating and issued a GBX 200 price target on shares of Elementis in a research report on Thursday, October 23rd. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 195.

Elementis Price Performance

Shares of LON:ELM traded down GBX 2.80 during trading hours on Friday, hitting GBX 171.20. 144,559 shares of the company’s stock traded hands, compared to its average volume of 2,459,323. The company’s fifty day simple moving average is GBX 164 and its two-hundred day simple moving average is GBX 164.96. The company has a market cap of £972.82 million, a price-to-earnings ratio of -13.38, a price-to-earnings-growth ratio of 3.05 and a beta of 2.02. The company has a debt-to-equity ratio of 37.85, a quick ratio of 1.16 and a current ratio of 2.04. Elementis has a 52 week low of GBX 109.60 and a 52 week high of GBX 179.60.

Insiders Place Their Bets

In related news, insider Luc van Ravenstein purchased 16,850 shares of Elementis stock in a transaction dated Thursday, November 20th. The stock was acquired at an average cost of GBX 156 per share, with a total value of £26,286. 1.81% of the stock is currently owned by company insiders.

Elementis Company Profile

Elementis is a global specialty chemicals company. We offer performance-driven additives that help create innovative formulations for consumer and industrial applications. As a FTSE 250 company, listed on the London Stock Exchange, we employ c.1,030 people globally. We have a nearly 200-year tradition of creating ingredients that add value to everyday consumer and industrial products. In 2024 Elementis reported revenue of $738m and adjusted operating profit of $129m.