Elementis (LON:ELM) Earns “Buy” Rating from Berenberg Bank

Elementis (LON:ELM)‘s stock had its “buy” rating reiterated by equities researchers at Berenberg Bank in a note issued to investors on Thursday, MarketBeat Ratings reports. They presently have a GBX 170 ($2.11) price target on the stock. Berenberg Bank’s price target would indicate a potential upside of 20.06% from the company’s current price.

Elementis Trading Down 1.0 %

Shares of Elementis stock opened at GBX 141.60 ($1.76) on Thursday. The company’s 50-day moving average price is GBX 136.95 and its 200-day moving average price is GBX 146.80. 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 116.71 ($1.45) and a 12-month high of GBX 169.80 ($2.11). The company has a market cap of £834.19 million, a price-to-earnings ratio of -3,540.00, a PEG ratio of 3.05 and a beta of 2.02.

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.