Elementis plc 15.6% potential upside indicated by Jefferies

Elementis plc with ticker (LON:ELM) now has a potential upside of 15.6% according to Jefferies.

ELM.L

Jefferies set a target price of 170 GBX for the company, which when compared to the Elementis plc share price of 147 GBX at opening today (16/07/2024) indicates a potential upside of 15.6%. Trading has ranged between 101 (52 week low) and 161 (52 week high) with an average of 856,704 shares exchanging hands daily. The market capitalisation at the time of writing is £855,565,936.

Elementis plc is a United Kingdom-based specialty chemicals company. The Company is engaged in developing performance-driven additives that address unmet consumer and market needs. The Company operates through two segments: Performance Specialties, and Personal Care. The Performance Specialties segment consists of Coatings and Talc. The Coatings segment is engaged in the production of rheological modifiers and additives for decorative and industrial coatings. The Talc segment is engaged in the production and supply of talc for use in the plastics, coatings, technical ceramics and paper sectors. The Personal Care segment is engaged in the production of rheological modifiers and compounded products, including active ingredients for antiperspirant deodorants, for supply to personal care manufacturers. It also delivers crucial end product attributes across a range of industries, including cosmetics, coatings and long-life plastics.