Elementis (LON:ELM) Receives “Buy” Rating from Jefferies Financial Group

Jefferies Financial Group reissued their buy rating on shares of Elementis (LON:ELM) in a research report released on Wednesday morning, Marketbeat Ratings reports. Jefferies Financial Group currently has a GBX 210 price objective on the stock.

Separately, UBS Group reaffirmed a “buy” rating and set a GBX 190 price objective on shares of Elementis in a report on Friday, January 16th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of GBX 200.

Elementis Stock Performance

ELM opened at GBX 146.60 on Wednesday. The company has a quick ratio of 1.16, a current ratio of 1.90 and a debt-to-equity ratio of 39.85. The company has a market cap of £834.57 million, a price-to-earnings ratio of -18.79, a PEG ratio of 3.05 and a beta of 1.00. Elementis has a 52-week low of GBX 120.20 and a 52-week high of GBX 179.60. The firm’s fifty day simple moving average is GBX 155.39 and its two-hundred day simple moving average is GBX 161.66.

Insider Activity

In other Elementis news, insider Kath Kearney-Croft purchased 32,856 shares of the firm’s stock in a transaction dated Wednesday, March 11th. The shares were purchased at an average cost of GBX 152 per share, with a total value of £49,941.12. Also, insider Luc van Ravenstein purchased 62,562 shares of the firm’s stock in a transaction dated Wednesday, April 8th. The stock was acquired at an average cost of GBX 143 per share, for a total transaction of £89,463.66. Company insiders own 1.82% of the company’s stock.

About Elementis

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.