Elementis plc 41.3% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings
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Elementis plc using EPIC/TICKER code (LON:ELM) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at JP Morgan Cazenove. Elementis plc are listed in the Basic Materials sector within UK Main Market. JP Morgan Cazenove have set their target price at 195 GBX on its stock. This indicates the analyst now believes there is a potential upside of 41.3% from the opening price of 138 GBX. Over the last 30 and 90 trading days the company share price has decreased 1.4 points and decreased 32.4 points respectively. The 52 week high for the stock is 259.17 GBX while the 52 week low is 134.7 GBX.

Elementis plc has a 50 day moving average of 150.97 GBX and a 200 Day Moving Average share price is recorded at 182.03. There are currently 580,394,852 shares in issue with the average daily volume traded being 1,395,142. Market capitalisation for LON:ELM is £798,115,420 GBP.

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