Essentra (LON:ESNT) Given New GBX 115 Price Target at Deutsche Bank Aktiengesellschaft

Essentra (LON:ESNT) had its target price boosted by Deutsche Bank Aktiengesellschaft from GBX 100 to GBX 115 in a report published on Monday morning,London Stock Exchange reports. They currently have a hold rating on the stock.

ESNT has been the subject of several other research reports. Royal Bank Of Canada raised their price target on shares of Essentra from GBX 130 to GBX 140 and gave the stock an “outperform” rating in a report on Wednesday, July 29th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 140 price objective on shares of Essentra in a research note on Friday. Finally, Jefferies Financial Group reiterated a “buy” rating and set a GBX 140 price objective on shares of Essentra in a research report on Thursday, October 22nd. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 133.75.

Essentra Trading Up 0.2%

Shares of ESNT stock traded up GBX 0.20 on Monday, hitting GBX 115.60. The company had a trading volume of 4,432,812 shares, compared to its average volume of 1,687,771. Essentra has a twelve month low of GBX 78.40 and a twelve month high of GBX 124. The company has a debt-to-equity ratio of 53.28, a quick ratio of 0.50 and a current ratio of 2.33. The firm has a market cap of £326.94 million, a P/E ratio of 46.24, a P/E/G ratio of 3.84 and a beta of 0.86. The stock’s 50-day moving average is GBX 110.49 and its two-hundred day moving average is GBX 97.36.

Essentra (LON:ESNT) last posted its quarterly earnings data on Tuesday, July 28th. The company reported GBX 7.20 EPS for the quarter. Essentra had a return on equity of 2.02% and a net margin of 1.71%. On average, equities research analysts anticipate that Essentra will post 524.14 earnings per share 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.