Barclays Reiterates Buy Rating for Elementis (LON:ELM)

Elementis (LON:ELM – Get Rating)‘s stock had its “buy” rating reaffirmed by stock analysts at Barclays in a note issued to investors on Thursday, Marketbeat.com reports. They currently have a GBX 170 ($2.04) price objective on the stock. Barclays‘s price objective would indicate a potential upside of 35.67% from the company’s previous close.

Several other brokerages also recently issued reports on ELM. Berenberg Bank reissued a “buy” rating and issued a GBX 170 ($2.04) price objective on shares of Elementis in a research note on Tuesday, December 20th. Jefferies Financial Group cut shares of Elementis to a “hold” rating in a research note on Wednesday, February 1st.

Elementis Stock Up 1.1 %

Shares of ELM opened at GBX 125.30 ($1.51) on Thursday. Elementis has a one year low of GBX 85.10 ($1.02) and a one year high of GBX 130.10 ($1.56). The company has a market cap of £731.79 million, a P/E ratio of -12,530.00, a P/E/G ratio of 3.05 and a beta of 2.10. The company has a debt-to-equity ratio of 56.30, a current ratio of 2.27 and a quick ratio of 1.16. The firm has a 50 day simple moving average of GBX 124.22 and a two-hundred day simple moving average of GBX 111.78.

Elementis Company Profile

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Elementis plc operates as a specialty chemical company in the United Kingdom, North America, rest of Europe, and internationally. It operates through four segments: Personal Care, Coatings, Talc, and Chromium. The Personal Care segment produces and sells rheological modifiers and compounded products for antiperspirants/deodorants, bath and soap, color cosmetics, and hair and skin care products.