Essentra (LON:ESNT) Earns Buy Rating from Jefferies Financial Group

Essentra (LON:ESNT – Get Free Report)‘s stock had its “buy” rating reiterated by research analysts at Jefferies Financial Group in a note issued to investors on Thursday, London Stock Exchange reports. They currently have a GBX 140 price target on the stock. Jefferies Financial Group’s price objective would indicate a potential upside of 16.67% from the stock’s previous close.

A number of other research analysts also recently weighed in on the stock. Berenberg Bank decreased their target price on shares of Essentra from GBX 160 to GBX 140 and set a “buy” rating for the company in a research report on Friday, August 14th. Royal Bank Of Canada lifted their price target on shares of Essentra from GBX 130 to GBX 140 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of GBX 130.

Get Our Latest Stock Analysis on Essentra

Essentra Stock Up 6.2%

LON:ESNT traded up GBX 7 during trading hours on Thursday, reaching GBX 120. 9,045,440 shares of the stock were exchanged, compared to its average volume of 1,667,899. The stock has a market cap of £339.38 million, a PE ratio of 48.00, a PEG ratio of 3.84 and a beta of 0.86. Essentra has a twelve month low of GBX 78.40 and a twelve month high of GBX 124. The firm has a 50 day moving average of GBX 109.94 and a 200 day moving average of GBX 95.79. The company has a debt-to-equity ratio of 53.28, a current ratio of 2.33 and a quick ratio of 0.50.

Essentra (LON:ESNT – Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The company reported GBX 7.20 earnings per share (EPS) for the quarter. Essentra had a net margin of 1.71% and a return on equity of 2.02%. On average, equities analysts expect that Essentra will post 524.14 earnings per share for the current year.

Essentra Company Profile

(Get Free Report)

Essentra plc is a leading global manufacturer and supplier of essential components and solutions, focusing on the manufacture and distribution of plastic injection moulded, vinyl dip moulded and metal items.

Headquartered in the United Kingdom, Essentra’s global network extends to 27 countries worldwide and includes c.3,000 employees, 16 manufacturing facilities, 27 distribution centres and 37 sales & service centres serving c.64,000 customers with a rapid supply of low cost but essential products for a variety of applications in industries such as equipment manufacturing, automotive, fabrication, electronics, medical and renewable energy.

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