Elementis plc 51.8% Potential Upside Indicated by Credit Suisse

Broker Ratings
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Elementis plc using EPIC/TICKER code (LON:ELM) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at Credit Suisse. Elementis plc are listed in the Basic Materials sector within UK Main Market. Credit Suisse have set a target price of 290 GBX on its stock. This would imply the analyst believes there is now a potential upside of 51.8% from today’s opening price of 191 GBX. Over the last 30 and 90 trading days the company share price has increased 11.1 points and decreased 34 points respectively. The 1 year high for the stock 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 193.04 GBX and a 200 day moving average of 235.34. There are currently 580,394,217 shares in issue with the average daily volume traded being 1,074,494. Market capitalisation for LON:ELM is £1,101,237,515 GBP.

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