Essentra plc (LON:ESNT – Get Free Report)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 92.09 and traded as high as GBX 114.56. Essentra shares last traded at GBX 113.20, with a volume of 2,262,687 shares.
Analyst Upgrades and Downgrades
ESNT has been the topic of several research reports. Royal Bank Of Canada raised their price objective on Essentra from GBX 130 to GBX 140 and gave the company an “outperform” rating in a research report on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a GBX 100 target price on shares of Essentra in a research report on Thursday, May 21st. Finally, Jefferies Financial Group reiterated a “buy” rating and set a GBX 130 target price on shares of Essentra in a report on Wednesday, July 29th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 132.50.
Get Our Latest Report on Essentra
Essentra Price Performance
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 return on equity of 2.02% and a net margin of 1.71%. Sell-side analysts anticipate that Essentra plc will post 524.137931 earnings per share for the current year.
About Essentra
Essentra plc is a leading global provider 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, 14 manufacturing facilities, 25 distribution centres and 35 sales & service centres serving c.76,000 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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