Elementis plc 10% Potential Upside Indicated by HSBC

Broker Ratings
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Elementis plc with EPIC/TICKER (LON:ELM) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ today by analysts at HSBC. Elementis plc are listed in the Basic Materials sector within UK Main Market. HSBC have set a target price of 165 GBX on its stock. This indicates the analyst now believes there is a potential upside of 10.0% from today’s opening price of 150 GBX. Over the last 30 and 90 trading days the company share price has decreased 27.1 points and decreased 37.7 points respectively. The 1 year high share price is 280.77 GBX while the 52 week low for the share price is 145.3 GBX.

Elementis plc has a 50 day moving average of 166.77 GBX and a 200 day moving average of 195.03. There are currently 580,394,852 shares in issue with the average daily volume traded being 1,133,200. Market capitalisation for LON:ELM is £861,353,784 GBP.

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