Essentra (LON:ESNT – Get Free Report)‘s stock had its “buy” rating reissued by equities researchers at Jefferies Financial Group in a research report issued on Thursday, Marketbeat reports. They presently have a GBX 140 target price on the stock. Jefferies Financial Group‘s price target would indicate a potential upside of 20.69% from the stock’s current price.
Several other brokerages also recently commented on ESNT. Berenberg Bank lowered their price objective on Essentra from GBX 160 to GBX 140 and set a “buy” rating on the stock in a research report on Friday, August 14th. Royal Bank Of Canada increased their target price on Essentra from GBX 130 to GBX 140 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of GBX 130.
Read Our Latest Report on Essentra
Essentra Price Performance
Shares of ESNT traded down GBX 2.80 during trading hours on Thursday, reaching GBX 116. 7,597,388 shares of the stock traded hands, compared to its average volume of 1,662,263. The company has a current ratio of 2.33, a quick ratio of 0.50 and a debt-to-equity ratio of 53.28. Essentra has a 52-week low of GBX 78.40 and a 52-week high of GBX 124. The company’s 50-day moving average price is GBX 110.22 and its two-hundred day moving average price is GBX 96.01. The company has a market cap of £328.07 million, a P/E ratio of 46.40, a price-to-earnings-growth ratio of 3.84 and a beta of 0.86.
Essentra (LON:ESNT – Get Free Report) last issued its earnings results on Tuesday, July 28th. The company reported GBX 7.20 earnings per share for the quarter. Essentra had a net margin of 1.71% and a return on equity of 2.02%. On average, analysts anticipate that Essentra will post 524.14 earnings per share for the current year.
About Essentra
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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