Essentra PLC (ESNT) Given Consensus Recommendation of “Hold” by Analysts
Shares of Essentra PLC (LON:ESNT) have been given a consensus rating of “Hold” by the six brokerages that are currently covering the stock. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is GBX 565.33 ($7.06).
A number of research analysts have recently commented on the stock. Deutsche Bank AG decreased their price objective on shares of Essentra PLC from GBX 545 ($6.81) to GBX 425 ($5.31) and set a “hold” rating for the company in a research report on Tuesday. Citigroup Inc. reduced their target price on shares of Essentra PLC from GBX 730 ($9.12) to GBX 700 ($8.75) and set a “buy” rating for the company in a report on Monday, August 1st. Jefferies Group reaffirmed a “buy” rating and set a GBX 615 ($7.68) target price on shares of Essentra PLC in a report on Friday, August 26th. Numis Securities Ltd downgraded shares of Essentra PLC to an “add” rating and set a GBX 470 ($5.87) target price for the company. in a report on Tuesday. Finally, JPMorgan Chase & Co. downgraded shares of Essentra PLC to an “underweight” rating and reduced their target price for the stock from GBX 700 ($8.75) to GBX 426 ($5.32) in a report on Tuesday, August 2nd.
Shares of Essentra PLC (LON:ESNT) traded up 2.47% during mid-day trading on Friday, reaching GBX 394.50. 1,220,531 shares of the company’s stock traded hands. The stock’s market cap is GBX 1.03 billion. The firm has a 50 day moving average price of GBX 489.48 and a 200-day moving average price of GBX 568.38. Essentra PLC has a 12 month low of GBX 366.70 and a 12 month high of GBX 899.50.
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Essentra PLC Company Profile
Essentra plc is a United Kingdom-based manufacturer and distributor of plastic injection molded, vinyl dip molded and metal items. The Company’s segments include Component Solutions, Health & Personal Care Packaging and Filtration Products. The Component Solutions segment includes the components, pipe protection technologies (PPT), extrusion and security businesses each of which serves customers in light and heavy industry.
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