Elementis (LON:ELM) Given “Buy” Rating at Berenberg Bank

Elementis (LON:ELM)‘s stock had its “buy” rating reissued by Berenberg Bank in a research note issued to investors on Thursday,London Stock Exchange reports. They presently have a GBX 170 ($2.10) target price on the stock. Berenberg Bank’s target price indicates a potential upside of 20.06% from the stock’s previous close.

Elementis Trading Down 1.0 %

Shares of Elementis stock traded down GBX 1.40 ($0.02) during trading on Thursday, hitting GBX 141.60 ($1.75). The stock had a trading volume of 755,051 shares, compared to its average volume of 927,300. The company has a quick ratio of 1.16, a current ratio of 2.04 and a debt-to-equity ratio of 37.85. The company has a market capitalization of £834.19 million, a PE ratio of -3,540.00, a P/E/G ratio of 3.05 and a beta of 2.02. Elementis has a 1 year low of GBX 116.71 ($1.44) and a 1 year high of GBX 169.80 ($2.10). The stock has a 50 day simple moving average of GBX 136.92 and a 200 day simple moving average of GBX 146.82.

Elementis Company Profile

Elementis plc operates as a specialty chemical company in the United Kingdom, rest of Europe, North America, and internationally. It operates in two segments, Performance Specialties and Personal Care. The Performance Specialties segment engages in the production of rheological modifiers and additives for decorative and industrial coatings; and production and supply of talc for use in plastics, coatings, technical ceramics, and paper sectors.