Essentra (LON:ESNT) Price Target Raised to GBX 140 at Royal Bank Of Canada

Essentra (LON:ESNT) had its price target lifted by investment analysts at Royal Bank Of Canada from GBX 130 to GBX 140 in a research note issued on Wednesday,Digital Look reports. The firm currently has an “outperform” rating on the stock. Royal Bank Of Canada’s price objective would suggest a potential upside of 28.68% from the company’s previous close.

Several other equities research analysts have also commented on ESNT. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 130 price target on shares of Essentra in a research report on Wednesday, May 20th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a GBX 100 target price on shares of Essentra in a research report on Thursday, May 21st. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 132.50.

Essentra Stock Performance

Shares of ESNT opened at GBX 108.80 on Wednesday. The company has a debt-to-equity ratio of 47.67, a current ratio of 2.20 and a quick ratio of 0.50. Essentra has a one year low of GBX 78.40 and a one year high of GBX 114.60. The firm has a market capitalization of £308.41 million, a P/E ratio of 155.43, a PEG ratio of 3.84 and a beta of 0.83. The business has a fifty day moving average of GBX 85.65 and a 200 day moving average of GBX 91.54.

Essentra (LON:ESNT) last posted its earnings results on Tuesday, July 28th. The company reported GBX 1.30 earnings per share for the quarter. Essentra had a return on equity of 0.79% and a net margin of 0.70%. As a group, sell-side analysts anticipate that Essentra will post 524.137931 EPS for the current year.

Essentra Company Profile

Essentra plc is a leading global provider 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, 14 manufacturing facilities, 25 distribution centres and 35 sales & service centres serving c.76,000 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.