Essentra PLC (LON:ESNT) had its price objective reduced by Jefferies Group from GBX 615 ($7.63) to GBX 445 ($5.52) in a note issued to investors on Friday. The brokerage currently has a “buy” rating on the stock. Jefferies Group’s target price points to a potential upside of 17.49% from the stock’s current price.

A number of other brokerages also recently issued reports on ESNT. JPMorgan Chase & Co. downgraded Essentra PLC to an “underweight” rating and reduced their price target for the stock from GBX 700 ($8.68) to GBX 426 ($5.28) in a research report on Tuesday, August 2nd. Citigroup Inc. reduced their price target on Essentra PLC from GBX 730 ($9.06) to GBX 700 ($8.68) and set a “buy” rating on the stock in a research report on Monday, August 1st. Numis Securities Ltd reaffirmed a “buy” rating and set a GBX 635 ($7.88) price target on shares of Essentra PLC in a research report on Wednesday, October 12th. Finally, Deutsche Bank AG reduced their price target on Essentra PLC from GBX 545 ($6.76) to GBX 425 ($5.27) and set a “hold” rating on the stock in a research report on Tuesday, November 22nd. One analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company’s stock. Essentra PLC currently has an average rating of “Hold” and an average price target of GBX 565.33 ($7.01).

Analyst Recommendations for Essentra PLC (LON:ESNT)

Shares of Essentra PLC (LON:ESNT) opened at 394.20 on Friday. The firm’s 50-day moving average price is GBX 482.96 and its 200-day moving average price is GBX 560.51. Essentra PLC has a 12-month low of GBX 366.70 and a 12-month high of GBX 899.50. The company’s market capitalization is GBX 1.03 billion.

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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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