Essentra (LON:ESNT) Given Buy Rating at Jefferies Financial Group

Essentra (LON:ESNT – Get Free Report)‘s stock had its “buy” rating reiterated by equities research analysts at Jefferies Financial Group in a report released on Thursday, MarketBeat reports. They presently have a GBX 140 target price on the stock. Jefferies Financial Group‘s price target points to a potential upside of 15.59% from the stock’s current price.

A number of other equities analysts also recently weighed in on ESNT. Berenberg Bank cut their price target on shares of Essentra from GBX 160 to GBX 140 and set a “buy” rating on the stock in a report on Friday, August 14th. Royal Bank Of Canada increased their target price on shares of Essentra from GBX 130 to GBX 140 and gave the company 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. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 130.

Check Out Our Latest Analysis on ESNT

Essentra Stock Up 7.2%

LON:ESNT traded up GBX 8.12 on Thursday, hitting GBX 121.11. The stock had a trading volume of 1,958,413 shares, compared to its average volume of 1,633,159. Essentra has a 1 year low of GBX 78.40 and a 1 year high of GBX 124. The firm’s fifty day simple moving average is GBX 110.22 and its two-hundred day simple moving average is GBX 96.01. The stock has a market cap of £342.54 million, a P/E ratio of 48.45, a price-to-earnings-growth ratio of 3.84 and a beta of 0.86. The company has a debt-to-equity ratio of 53.28, a quick ratio of 0.50 and a current ratio of 2.33.

Essentra (LON:ESNT – Get Free Report) last announced 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%. Analysts predict that Essentra will post 524.14 earnings per share for the current year.

About Essentra

(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.

Read More

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.