Jefferies raised the firm’s price target on Elementis (EMNSF) to 200 GBp from 190 GBp and keeps a Buy rating on the shares. The company produced an impressive set of results that were clearly received well, alongside an updated strategy that highlighted the upside available to the “new” Elementis, the analyst tells investors in a research note. The firm added that it still believes the company’s new transformation is underappreciated and raised its forecasts.
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