The stock is cheap compared to peers but analysts think earnings could recover rapidly and ‘positively surprise’ the market
Thursday 18 Feb 2021 Author: Yoosof Farah
FTSE 250 chemicals firm Elementis ( ELM ) ticks all the boxes for an investor looking for an overlooked and undervalued stock set to benefit from the reopening of society and the economy. Elementis has the right mix of sales divisions to benefit from both economic activity picking up again and society reopening, and at a bargain price-to-book value of just 1.2 times, compared to a much higher 9.45...