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Elementis AD (LON:ELM) now has a potential upside of 26.7% according to Berenberg Bank.
Berenberg Bank set a GBX 170 price target on the company, which compared to Elementis plc’s GBX 125 share price at today’s (06/01/2023) open, indicating a potential upside of 26.7%. Trading ranges between 85 (52 week low) and 149 (52 week high) with an average of 1,749,676 shares exchanging hands each day. The market capitalization at the time of writing is £724,380,060.
Elementis plc is a UK-based specialty chemicals company. The company offers performance-oriented additives for consumer and industrial applications. The company operates in four segments: personal care, coatings, talc and chrome. The Personal Care segment produces rheology modifiers and compounded products, including active ingredients for AP deodorants, for supply to personal care manufacturers. The Coatings segment is a manufacturer of rheological modifiers and additives for decorative and industrial coatings. The Talc segment manufactures and supplies talc for use in the plastics, coatings, technical ceramics and paper sectors. The Chromium segment is engaged in the production of chromium chemicals. The company has operations in the US, UK, Brazil, Germany, Finland, Netherlands, China, Taiwan, Malaysia and India.
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