Essentra (ESNT) Rating Reiterated by Peel Hunt

Essentra (LON:ESNT)‘s stock had its “buy” rating reissued by analysts at Peel Hunt in a report released on Thursday. They currently have a GBX 550 ($7.88) price target on the stock. Peel Hunt’s price target would suggest a potential upside of 26.26% from the stock’s previous close.

A number of other equities analysts have also recently issued reports on ESNT. Jefferies Group reissued a “hold” rating and issued a GBX 510 ($7.30) target price on shares of Essentra in a report on Thursday, February 22nd. Deutsche Bank reissued a “buy” rating on shares of Essentra in a report on Friday, April 6th. Finally, Numis Securities reissued a “hold” rating and issued a GBX 500 ($7.16) target price on shares of Essentra in a report on Monday, March 5th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. Essentra presently has an average rating of “Hold” and a consensus target price of GBX 520 ($7.45).

Shares of LON ESNT opened at GBX 435.60 ($6.24) on Thursday. Essentra has a 52-week low of GBX 438.02 ($6.27) and a 52-week high of GBX 588.50 ($8.43).

Essentra (LON:ESNT) last issued its earnings results on Friday, March 2nd. The company reported GBX 22.10 ($0.32) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of GBX 22.80 ($0.33) by GBX (0.70) (($0.01)). Essentra had a return on equity of 4.67% and a net margin of 2.91%. The business had revenue of GBX 102.73 billion during the quarter.

In other Essentra news, insider Paul Forman purchased 20,000 shares of the business’s stock in a transaction dated Friday, March 16th. The shares were bought at an average price of GBX 461 ($6.60) per share, with a total value of £92,200 ($132,016.04). Also, insider Stefan Schellinger sold 9,489 shares of Essentra stock in a transaction that occurred on Friday, March 2nd. The shares were sold at an average price of GBX 464 ($6.64), for a total value of £44,028.96 ($63,042.61). In the last ninety days, insiders have bought 47,500 shares of company stock worth $12,697,500.

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Essentra Company Profile

Essentra plc manufactures and sells specialist plastic, fiber, foam, and packaging products worldwide. It operates through four divisions: Component, Packaging, Filter Products, and Specialist Components. The Component division offers plastic injection molded, vinyl dip-molded, and metal items for equipment manufacturing, automotive, fabrication, electronics, and construction industries; and component solutions for protection and finishing purposes.

Analyst Recommendations for Essentra (LON:ESNT)

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