Elementis plc (LON:ELM) insider Ralph Hewins bought 3,728 shares of the business’s stock in a transaction dated Wednesday, September 26th. The shares were bought at an average cost of GBX 267 ($3.48) per share, for a total transaction of £9,953.76 ($12,965.69).

LON:ELM traded down GBX 0.40 ($0.01) during mid-day trading on Thursday, hitting GBX 266.60 ($3.47). 407,473 shares of the company’s stock were exchanged, compared to its average volume of 1,190,000. Elementis plc has a one year low of GBX 255.10 ($3.32) and a one year high of GBX 321.80 ($4.19).

The firm also recently disclosed a dividend, which will be paid on Friday, September 28th. Investors of record on Thursday, August 30th will be paid a dividend of GBX 2.24 ($0.03) per share. This represents a yield of 0.84%. The ex-dividend date is Thursday, August 30th.

A number of equities research analysts have recently weighed in on ELM shares. UBS Group reaffirmed a “buy” rating and set a GBX 320 ($4.17) target price (down previously from GBX 335 ($4.36)) on shares of Elementis in a research note on Monday, July 2nd. Numis Securities raised shares of Elementis to a “buy” rating and set a GBX 340 ($4.43) target price on the stock in a research note on Friday, July 6th. HSBC lifted their target price on shares of Elementis from GBX 330 ($4.30) to GBX 340 ($4.43) and gave the company a “buy” rating in a research note on Tuesday, July 17th. JPMorgan Chase & Co. raised shares of Elementis to an “overweight” rating and lifted their target price for the company from GBX 275 ($3.58) to GBX 290 ($3.78) in a research note on Thursday, August 2nd. Finally, Berenberg Bank raised shares of Elementis to a “buy” rating and set a GBX 315 ($4.10) target price on the stock in a research note on Tuesday, August 14th. Seven research analysts have rated the stock with a buy rating, Elementis currently has a consensus rating of “Buy” and an average target price of GBX 322.86 ($4.21).

About Elementis

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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