Elementis’ (ELM) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Elementis (LON:ELMFree Report) in a report released on Thursday, MarketBeat Ratings reports. Berenberg Bank currently has a GBX 170 ($2.11) price target on the stock.

Elementis Stock Performance

Shares of ELM opened at GBX 141.60 ($1.76) on Thursday. Elementis has a one year low of GBX 116.71 ($1.45) and a one year high of GBX 169.80 ($2.11). The company has a debt-to-equity ratio of 37.85, a current ratio of 2.04 and a quick ratio of 1.16. The firm has a market capitalization of £834.19 million, a P/E ratio of -3,540.00, a PEG ratio of 3.05 and a beta of 2.02. The business has a fifty day moving average of GBX 136.95 and a 200 day moving average of GBX 146.82.

Elementis Company Profile

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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.

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