Essentra (LON:ESNT)‘s stock had its “buy” rating reissued by investment analysts at Deutsche Bank in a research note issued on Tuesday, Digital Look reports. They currently have a GBX 445 ($5.81) price objective on the stock. Deutsche Bank’s price objective suggests a potential upside of 6.66% from the company’s current price.
A number of other research firms have also recently weighed in on ESNT. Peel Hunt reaffirmed a “buy” rating on shares of Essentra in a research report on Monday. Numis Securities reaffirmed a “buy” rating on shares of Essentra in a research report on Monday, June 3rd. Finally, Jefferies Financial Group raised Essentra to a “buy” rating in a research report on Wednesday, July 24th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of GBX 483.33 ($6.32).
Essentra stock opened at GBX 417.20 ($5.45) on Tuesday. Essentra has a twelve month low of GBX 324.80 ($4.24) and a twelve month high of GBX 443.80 ($5.80). The stock has a 50 day moving average of GBX 407.99 and a two-hundred day moving average of GBX 409.19. The company has a current ratio of 1.54, a quick ratio of 1.18 and a debt-to-equity ratio of 76.07. The stock has a market capitalization of $1.10 billion and a price-to-earnings ratio of 27.63.
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.
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