A Reversal for Elementis plc Is Not Near. The Stock Rises Again

 A Reversal for Elementis plc Is Not Near. The Stock Rises Again

The stock of Elementis plc (LON:ELM) is a huge mover today! The stock increased 1.63% or GBX 4.08 on November 10, hitting GBX 254.38. About 1.70 million shares traded hands or 101.98% up from the average. Elementis plc (LON:ELM) has risen 9.88% since April 12, 2016 and is uptrending. It has outperformed by 4.23% the S&P500.
The move comes after 5 months positive chart setup for the GBX 1.25B company. It was reported on Nov, 10 by Barchart.com. We have GBX 412.10 PT which if reached, will make LON:ELM worth GBX 775.00 million more.

Elementis plc (LON:ELM) Ratings Coverage

Out of 10 analysts covering Elementis PLC (LON:ELM), 5 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 50% are positive. Elementis PLC has been the topic of 45 analyst reports since July 29, 2015 according to StockzIntelligence Inc. On Friday, February 26 the stock rating was maintained by UBS with “Buy”. As per Monday, January 18, the company rating was maintained by Credit Suisse. N+1 Singer maintained the shares of ELM in a report on Friday, October 30 with “Corporate” rating. JP Morgan maintained the shares of ELM in a report on Wednesday, August 3 with “Neutral” rating. Investec maintained it with “Buy” rating and GBX 312 target price in Thursday, January 14 report. The stock of Elementis plc (LON:ELM) has “Hold” rating given on Thursday, July 30 by Numis Securities. The firm has “Corporate” rating by N+1 Singer given on Monday, November 9. The stock of Elementis plc (LON:ELM) has “Outperform” rating given on Wednesday, August 3 by Credit Suisse. The firm earned “Neutral” rating on Wednesday, July 29 by BNP Paribas. The firm earned “Hold” rating on Tuesday, March 1 by Jefferies.

Another recent and important Elementis plc (LON:ELM) news was published by Fool.Co.Uk which published an article titled: “Why I Would Sell Elementis plc And Buy Hill & Smith Holdings plc” on January 13, 2016.

Elementis plc is a United Kingdom-based specialty chemicals company. The company has a market cap of 1.25 billion GBP. The Firm operates through three divisions: Specialty Products, Surfactants and Chromium. It has a 18.47 P/E ratio. The Company’s Specialty Products segment is engaged in the production of rheological and other specialty additives, compounded products and colorants.

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