Essentra (LON:ESNT)‘s stock had its “buy” rating reiterated by analysts at Deutsche Bank in a research note issued to investors on Monday, Digital Look reports. They currently have a GBX 360 ($4.43) price target on the stock. Deutsche Bank’s price objective points to a potential upside of 23.71% from the stock’s current price.
ESNT has been the subject of a number of other reports. Peel Hunt reaffirmed a “buy” rating on shares of Essentra in a research report on Thursday, June 11th. Citigroup reduced their price objective on shares of Essentra from GBX 420 ($5.17) to GBX 295 ($3.63) and set a “neutral” rating for the company in a research report on Friday, April 24th. Finally, Jefferies Financial Group downgraded shares of Essentra to a “hold” rating and reduced their price objective for the stock from GBX 452 ($5.56) to GBX 310 ($3.81) in a research report on Tuesday, April 14th.
Shares of ESNT stock opened at GBX 291 ($3.58) on Monday. Essentra has a 52-week low of GBX 206.80 ($2.54) and a 52-week high of GBX 459.13 ($5.65). The company has a debt-to-equity ratio of 66.64, a quick ratio of 0.82 and a current ratio of 1.27. The company has a 50-day simple moving average of GBX 289.21 and a two-hundred day simple moving average of GBX 339.36. The company has a market capitalization of $778.61 million and a price-to-earnings ratio of 20.40.
Essentra plc manufactures and sells specialist plastic, fiber, foam, and packaging products worldwide. It operates through four divisions: Component, Packaging, Filter Products, and Specialist Components. The Component division offers plastic injection molded, vinyl dip-molded, and metal items for equipment manufacturing, automotive, fabrication, electronics, and construction industries; and component solutions for protection and finishing purposes.
Recommended Story: What are momentum indicators and what do they show?
Receive News & Ratings for Essentra Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Essentra and related companies with MarketBeat.com's FREE daily email newsletter.