Essentra (LON:ESNT) had its target price decreased by research analysts at Peel Hunt from GBX 500 ($6.58) to GBX 420 ($5.52) in a note issued to investors on Friday, ThisIsMoney.Co.Uk reports. The brokerage presently has a “buy” rating on the stock. Peel Hunt’s price target suggests a potential upside of 65.22% from the company’s current price.
Separately, Deutsche Bank reiterated a “buy” rating on shares of Essentra in a report on Monday, March 2nd. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of GBX 456.67 ($6.01).
Shares of ESNT stock opened at GBX 254.20 ($3.34) on Friday. Essentra has a 12 month low of GBX 305.40 ($4.02) and a 12 month high of GBX 459.13 ($6.04). The company has a quick ratio of 0.85, a current ratio of 1.27 and a debt-to-equity ratio of 66.64. The business’s 50 day moving average is GBX 344.98 and its two-hundred day moving average is GBX 401.93. The company has a market cap of $669.09 million and a PE ratio of 17.53.
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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