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

Elementis (LON:ELM)‘s stock had its “buy” rating reaffirmed by analysts at Jefferies Financial Group in a research report issued to clients and investors on Tuesday,London Stock Exchange reports. They currently have a GBX 210 price target on the stock. Jefferies Financial Group’s target price indicates a potential upside of 38.34% from the company’s current price.

Elementis Price Performance

ELM stock opened at GBX 151.80 on Tuesday. The company has a current ratio of 1.90, a quick ratio of 1.16 and a debt-to-equity ratio of 39.85. The company has a market capitalization of £869.15 million, a PE ratio of -19.46, a P/E/G ratio of 3.05 and a beta of 0.93. Elementis has a 12-month low of GBX 136 and a 12-month high of GBX 179.60. The business’s fifty day moving average price is GBX 150.60 and its 200 day moving average price is GBX 159.16.

Insider Buying and Selling at Elementis

In related news, insider Luc van Ravenstein bought 62,562 shares of the stock in a transaction that occurred on Wednesday, April 8th. The stock was purchased at an average cost of GBX 143 per share, with a total value of £89,463.66. Also, insider Kath Kearney-Croft bought 32,856 shares of the stock in a transaction that occurred on Wednesday, March 11th. The shares were bought at an average cost of GBX 152 per share, with a total value of £49,941.12. Insiders own 1.81% 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.