Elementis (LON:ELM) Upgraded at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft upgraded shares of Elementis (LON:ELM) to a buy rating in a research report released on Thursday,Digital Look reports. They currently have GBX 220 target price on the stock, up from their prior target price of GBX 215.

A number of other research analysts also recently commented on the stock. JPMorgan Chase & Co. increased their target price on shares of Elementis from GBX 186 to GBX 190 and gave the company a “neutral” rating in a research report on Wednesday, August 12th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 210 price target on shares of Elementis in a research report on Wednesday. Finally, Berenberg Bank upped their price objective on shares of Elementis from GBX 195 to GBX 220 and gave the company a “buy” rating in a research note on Friday, July 31st. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 206.

Elementis Stock Down 1.4%

LON:ELM opened at GBX 187 on Thursday. The company has a debt-to-equity ratio of 39.91, a current ratio of 2.27 and a quick ratio of 1.16. Elementis has a 1-year low of GBX 136 and a 1-year high of GBX 195.40. The company has a 50-day moving average of GBX 178.13 and a 200 day moving average of GBX 164.37. The firm has a market cap of £1.06 billion, a PE ratio of 14.84, a price-to-earnings-growth ratio of 3.05 and a beta of 0.93.

Elementis (LON:ELM) last issued its quarterly earnings data on Thursday, July 30th. The company reported GBX 8.60 earnings per share for the quarter. Elementis had a net margin of 12.16% and a return on equity of 11.29%. As a group, research analysts anticipate that Elementis will post 9.50 EPS for the current fiscal year.

About Elementis

Elementis is a global specialty chemicals company listed on the London Stock Exchange. The Group employs c.1,000 across 20 global locations. As recognised innovation leaders with deep expertise in rheology (the science of flow), and formulation solutions, we develop distinctive solutions and products to improve performance, achieve smoother production, and enhance sustainability credentials for customers across a range of industries. The Group also owns and operates the largest high-quality hectorite mine in the world.