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The latest update is out from Elementis ( (GB:ELM) ).
Elementis PLC announced the acquisition of 30,000 shares by Trudy Schoolenberg, the Senior Independent Director, at a price of £1.722 per share, totaling £51,660. This transaction, conducted on the London Stock Exchange, reflects a strategic move by a key company figure, potentially impacting the company’s market perception and stakeholder confidence.
The most recent analyst rating on (GB:ELM) stock is a Buy with a £185.00 price target. To see the full list of analyst forecasts on Elementis stock, see the GB:ELM Stock Forecast page.
Spark’s Take on GB:ELM Stock
According to Spark, TipRanks’ AI Analyst, GB:ELM is a Outperform.
Elementis benefits from strong technical indicators and positive corporate events, which outweigh the challenges in profitability and mixed valuation metrics. The company’s strategic focus on shareholder value and operational efficiency enhances its overall appeal.
To see Spark’s full report on GB:ELM stock, click here.
More about Elementis
Elementis PLC operates in the specialty chemicals industry, focusing on the production and supply of chemical products for various sectors, including personal care, coatings, and energy markets.
Average Trading Volume: 1,487,623
Technical Sentiment Signal: Buy
Current Market Cap: £1.01B
Find detailed analytics on ELM stock on TipRanks’ Stock Analysis page.