Deutsche Bank restated their buy rating on shares of Essentra (LON:ESNT) in a research note released on Friday.
A number of other equities analysts have also recently weighed in on ESNT. Peel Hunt reissued an add rating and issued a GBX 585 ($8.21) price target on shares of Essentra in a research note on Thursday, December 14th. Jefferies Group reissued a hold rating and issued a GBX 510 ($7.16) price target on shares of Essentra in a research note on Thursday, February 22nd. Finally, Numis Securities reissued a hold rating and issued a GBX 500 ($7.02) price target on shares of Essentra in a research note on Monday, March 5th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of GBX 520 ($7.30).
Shares of Essentra stock opened at GBX 422.40 ($5.93) on Friday. Essentra has a 52 week low of GBX 438.02 ($6.15) and a 52 week high of GBX 588.50 ($8.26).
Essentra (LON:ESNT) last issued its quarterly earnings results on Friday, March 2nd. The company reported GBX 22.10 ($0.31) EPS for the quarter, missing the consensus estimate of GBX 22.80 ($0.32) by GBX (0.70) (($0.01)). The business had revenue of GBX 102.73 billion during the quarter. Essentra had a return on equity of 4.67% and a net margin of 2.91%.
The firm also recently announced a dividend, which will be paid on Tuesday, May 1st. Shareholders of record on Thursday, March 15th will be paid a dividend of GBX 14.40 ($0.20) per share. This represents a yield of 2.93%. The ex-dividend date is Thursday, March 15th. This is a boost from Essentra’s previous dividend of $6.30.
In other Essentra news, insider Mary Reilly bought 7,500 shares of the stock in a transaction on Wednesday, March 21st. The shares were bought at an average price of GBX 453 ($6.36) per share, with a total value of £33,975 ($47,690.90). Also, insider Stefan Schellinger sold 9,489 shares of the business’s stock in a transaction that occurred on Friday, March 2nd. The shares were sold at an average price of GBX 464 ($6.51), for a total value of £44,028.96 ($61,803.71). In the last ninety days, insiders have acquired 47,500 shares of company stock worth $12,697,500.
WARNING: This article was first posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this article on another publication, it was stolen and reposted in violation of US & international copyright and trademark laws. The original version of this article can be accessed at https://www.dispatchtribunal.com/2018/04/09/essentra-esnt-rating-reiterated-by-deutsche-bank.html.
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.
Receive News & Ratings for Essentra Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Essentra and related companies with MarketBeat.com's FREE daily email newsletter.