Peel Hunt reaffirmed their buy rating on shares of Essentra (LON:ESNT) in a report published on Monday morning, ThisIsMoney.Co.Uk reports.
ESNT has been the topic of several other research reports. Numis Securities reiterated a buy rating and set a GBX 1,800 ($23.52) price target on shares of in a research note on Monday, June 3rd. Stifel Nicolaus cut shares of Essentra to a hold rating in a research note on Tuesday, May 7th. Finally, Deutsche Bank reiterated a buy rating and set a GBX 430 ($5.62) price target on shares of in a research note on Friday, June 21st. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average target price of GBX 478.33 ($6.25).
Shares of Essentra stock traded up GBX 1.20 ($0.02) on Monday, hitting GBX 423.20 ($5.53). 159,432 shares of the company’s stock were exchanged, compared to its average volume of 637,881. The firm has a 50-day moving average of GBX 413.22. The company has a market capitalization of $1.11 billion and a PE ratio of 46.00. Essentra has a 1 year low of GBX 324.80 ($4.24) and a 1 year high of GBX 517 ($6.76). The company has a debt-to-equity ratio of 51.52, a current ratio of 1.67 and a quick ratio of 0.98.
In other Essentra news, insider Paul Forman purchased 20,000 shares of the company’s stock in a transaction dated Tuesday, May 7th. The shares were acquired at an average price of GBX 393 ($5.14) per share, for a total transaction of £78,600 ($102,704.82).
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.
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