Essentra (LON:ESNT) Price Target Raised to GBX 140

Essentra (LON:ESNT) had its target price boosted by Royal Bank Of Canada from GBX 130 to GBX 140 in a research report report published on Wednesday morning,Digital Look reports. The firm currently has an outperform rating on the stock.

Other equities analysts have also issued reports about the stock. Jefferies Financial Group reissued a “buy” rating and issued a GBX 130 target price on shares of Essentra in a report on Wednesday, May 20th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 100 price target on shares of Essentra in a report on Thursday, May 21st. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Essentra presently has a consensus rating of “Moderate Buy” and an average target price of GBX 132.50.

Essentra Stock Down 1.7%

Shares of LON ESNT opened at GBX 104.20 on Wednesday. The company has a debt-to-equity ratio of 53.28, a quick ratio of 0.50 and a current ratio of 2.33. Essentra has a 52 week low of GBX 78.40 and a 52 week high of GBX 114.60. The stock has a market capitalization of £295.37 million, a P/E ratio of 148.86, a PEG ratio of 3.84 and a beta of 0.83. The stock’s fifty day moving average is GBX 86.82 and its 200 day moving average is GBX 91.81.

Essentra (LON:ESNT) last posted its quarterly earnings results 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%. Sell-side analysts forecast that Essentra will post 524.137931 earnings per share for the current fiscal year.

Essentra Company Profile

Essentra plc is a leading global provider 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, 14 manufacturing facilities, 25 distribution centres and 35 sales & service centres serving c.76,000 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.