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

Essentra (LON:ESNT)‘s stock had its “buy” rating restated by Jefferies Financial Group in a report released on Thursday, Marketbeat reports. They presently have a GBX 140 price target on the stock. Jefferies Financial Group‘s price target would suggest a potential upside of 21.95% from the company’s current price.

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

Essentra Stock Down 1.4%

Shares of Essentra stock opened at GBX 114.80 on Thursday. The company has a quick ratio of 0.50, a current ratio of 2.33 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 has a market capitalization of £324.68 million, a P/E ratio of 45.92, a P/E/G ratio of 3.84 and a beta of 0.86. The company has a 50 day moving average of GBX 110.49 and a 200 day moving average of GBX 97.36.

Essentra (LON:ESNT) last announced its quarterly earnings data on Tuesday, July 28th. The company reported GBX 7.20 EPS for the quarter. Essentra had a net margin of 1.71% and a return on equity of 2.02%. As a group, research analysts forecast that Essentra will post 524.14 EPS for the current fiscal 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.