Essentra (LON:ESNT – Get Free Report)‘s stock had its “buy” rating reaffirmed by analysts at Jefferies Financial Group in a research report issued on Thursday, MarketBeat.com reports. They presently have a GBX 140 price objective on the stock. Jefferies Financial Group‘s price objective suggests a potential upside of 21.53% from the company’s current price.
A number of other research analysts also recently weighed in on the company. Royal Bank Of Canada lifted their price target on Essentra from GBX 130 to GBX 140 and gave the company an “outperform” rating in a report on Wednesday, July 29th. Berenberg Bank decreased their price objective on Essentra from GBX 160 to GBX 140 and set a “buy” rating for the company in a research report on Friday, August 14th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of GBX 130.
Get Our Latest Analysis on Essentra
Essentra Trading Down 3.0%
LON ESNT opened at GBX 115.20 on Thursday. Essentra has a twelve month low of GBX 78.40 and a twelve month high of GBX 124. The company has a debt-to-equity ratio of 53.28, a quick ratio of 0.50 and a current ratio of 2.33. The stock has a market cap of £325.81 million, a price-to-earnings ratio of 46.08, a PEG ratio of 3.84 and a beta of 0.86. The firm’s 50 day moving average price is GBX 110.40 and its two-hundred day moving average price is GBX 96.14.
Essentra (LON:ESNT – Get Free Report) last announced its earnings results 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%. Equities analysts anticipate that Essentra will post 524.14 EPS 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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