Essentra (LON:ESNT) Earns “Hold” Rating from Deutsche Bank Aktiengesellschaft

Essentra (LON:ESNT)‘s stock had its “hold” rating reaffirmed by equities research analysts at Deutsche Bank Aktiengesellschaft in a report released on Thursday,London Stock Exchange reports. They presently have a GBX 100 price objective on the stock. Deutsche Bank Aktiengesellschaft’s price target would suggest a potential upside of 17.10% from the company’s previous close.

Other equities research analysts have also issued reports about the company. Berenberg Bank reiterated a “buy” rating and set a GBX 160 price objective on shares of Essentra in a research note on Thursday, March 19th. Royal Bank Of Canada decreased their target price on Essentra to GBX 130 and set an “outperform” rating on the stock in a research report on Wednesday, March 18th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 130 price target on shares of Essentra in a research note on Wednesday. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Essentra has an average rating of “Moderate Buy” and an average target price of GBX 150.

Essentra Price Performance

LON:ESNT traded down GBX 2 during trading hours on Thursday, reaching GBX 85.40. 140,856 shares of the company were exchanged, compared to its average volume of 2,487,536. The company has a current ratio of 2.20, a quick ratio of 0.50 and a debt-to-equity ratio of 47.67. The firm has a market cap of £242.47 million, a PE ratio of 122.00, a price-to-earnings-growth ratio of 3.84 and a beta of 0.80. Essentra has a twelve month low of GBX 79.60 and a twelve month high of GBX 123.80. The stock’s 50-day moving average is GBX 87.73 and its 200-day moving average is GBX 95.12.

Essentra (LON:ESNT) last announced its earnings results on Tuesday, March 17th. The company reported GBX 6.10 earnings per share (EPS) for the quarter. Essentra had a net margin of 0.70% and a return on equity of 0.79%. On average, sell-side analysts anticipate that Essentra will post 524.137931 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Steve Good bought 40,000 shares of the company’s stock in a transaction on Tuesday, March 17th. The stock was bought at an average cost of GBX 93 per share, for a total transaction of £37,200. Also, insider Rowan Baker bought 9,477 shares of the company’s stock in a transaction on Friday, April 24th. The stock was bought at an average price of GBX 84 per share, with a total value of £7,960.68. Insiders bought a total of 91,194 shares of company stock worth $8,208,359 in the last three months. Company insiders own 0.48% of the company’s stock.

About Essentra

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 28 countries worldwide and includes c.3,000 employees, 14 manufacturing facilities, 26 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.