Elementis plc 5.8% Potential Upside Indicated by HSBC

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 ‘BUY’ 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 200 GBX on its stock. This would imply the analyst believes there is now a potential upside of 5.8% from the opening price of 189 GBX. Over the last 30 and 90 trading days the company share price has increased 19.5 points and decreased 42.2 points respectively. The 1 year high for the share price is 294.5 GBX while the 52 week low for the share price is 159.6 GBX.

Elementis plc has a 50 day moving average of 193.76 GBX and a 200 day moving average of 236.52. There are currently 580,394,217 shares in issue with the average daily volume traded being 1,002,715. Market capitalisation for LON:ELM is £1,100,584,316 GBP.

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