BMO Capital: 'Element Solutions (ESI) remains one of our Top Picks'

BMO Capital analyst Bhavesh Lodaya reiterated an Outperform rating and $45.00 price target on Element Solutions (NYSE: ESI).

The analyst commented: "ESI CEO Dinner + Investor Day Showcases Its Strong Position in Electronics Growth; Following ESI's Investor Day, which provided a refreshed look at the company's structurally transformed portfolio, we had the opportunity to host CEO Ben Gliklich for an investor dinner. The discussion offered additional context around end-market dynamics and how ESI’s various platforms are levered to secular tailwinds in semis/ electronics. Combined with an asset-light consumables model, a track record of successful M&A, and multiple emerging growth vectors, we believe ESI remains poised to drive strong shareholder value. Trading at an attractive relative valuation versus peers, ESI remains one of our Top Picks."

For an analyst ratings summary and ratings history on Element Solutions click here. For more ratings news on Element Solutions click here.

Shares of Element Solutions closed at $39.48 yesterday.

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