Elementis (LON:ELM) Given Buy Rating at UBS Group

UBS Group reissued their buy rating on shares of Elementis (LON:ELM) in a report released on Friday morning, MarketBeat reports. They currently have a GBX 190 price objective on the stock.

Separately, Jefferies Financial Group reissued a “buy” rating and issued a GBX 200 price target on shares of Elementis in a research note on Thursday, October 23rd. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of GBX 195.

Elementis Trading Down 1.4%

LON:ELM opened at GBX 171.60 on Friday. The company has a 50-day moving average price of GBX 164.24 and a 200-day moving average price of GBX 165.04. The stock has a market cap of £975.10 million, a price-to-earnings ratio of -13.41, a P/E/G ratio of 3.05 and a beta of 2.02. The company has a current ratio of 2.04, a quick ratio of 1.16 and a debt-to-equity ratio of 37.85. Elementis has a 12 month low of GBX 109.60 and a 12 month high of GBX 179.60.

Insider Activity

In other Elementis news, insider Luc van Ravenstein purchased 16,850 shares of the firm’s stock in a transaction that occurred on Thursday, November 20th. The stock was bought at an average cost of GBX 156 per share, for a total transaction of £26,286. 1.81% of the stock is currently owned by 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.