Elmet Group ( NASDAQ:ELMT – Free Report ) had its target price increased by Canaccord Genuity Group from $21.00 to $26.00 in a report published on Tuesday morning,Benzinga reports. Canaccord Genuity Group currently has a buy rating on the stock.
ELMT has been the subject of several other reports. Roth Capital reiterated a “buy” rating and set a $26.00 price objective (up from $21.00) on shares of Elmet Group in a research note on Tuesday, September 15th. Weiss Ratings upgraded shares of Elmet Group from a “sell (e)” rating to a “sell (e+)” rating in a research note on Friday, October 2nd. Finally, Needham & Company LLC upped their target price on shares of Elmet Group from $21.00 to $25.00 and gave the stock a “buy” rating in a report on Tuesday, September 15th. Four analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $25.00.
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Elmet Group Trading Down 5.4%
ELMT stock opened at $20.46 on Tuesday. Elmet Group has a 1-year low of $12.48 and a 1-...