Essentra (LON:ESNT) Given New GBX 115 Price Target at Deutsche Bank Aktiengesellschaft

Essentra (LON:ESNT) had its target price increased by stock analysts at Deutsche Bank Aktiengesellschaft from GBX 100 to GBX 115 in a research note issued to investors on Monday, London Stock Exchange reports. The brokerage currently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft‘s price target points to a potential downside of 0.52% from the stock’s current price.

A number of other equities research analysts have also recently weighed in on the stock. Jefferies Financial Group restated a “buy” rating and set a GBX 140 price objective on shares of Essentra in a research note on Thursday, October 22nd. Berenberg Bank reiterated a “buy” rating and issued a GBX 140 target price on shares of Essentra in a research report on Friday. Finally, Royal Bank Of Canada raised their target price on shares of Essentra from GBX 130 to GBX 140 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Essentra currently has an average rating of “Moderate Buy” and a consensus target price of GBX 133.75.

Essentra Stock Performance

LON ESNT traded up GBX 0.20 on Monday, hitting GBX 115.60. The stock had a trading volume of 4,432,812 shares, compared to its average volume of 1,687,771. Essentra has a one year low of GBX 78.40 and a one year high of GBX 124. The company has a quick ratio of 0.50, a current ratio of 2.33 and a debt-to-equity ratio of 53.28. The stock has a market cap of £326.94 million, a price-to-earnings ratio of 46.24, a P/E/G ratio of 3.84 and a beta of 0.86. The company’s 50-day moving average is GBX 110.49 and its two-hundred day moving average is GBX 97.36.

Essentra (LON:ESNT) last released its quarterly earnings results on Tuesday, July 28th. The company reported GBX 7.20 earnings per share for the quarter. Essentra had a return on equity of 2.02% and a net margin of 1.71%. On average, analysts expect that Essentra will post 524.14 earnings per share for the current year.

About Essentra

Essentra plc is a leading global manufacturer and supplier 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, 16 manufacturing facilities, 27 distribution centres and 37 sales & service centres serving c.64,000 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.