Essentra’s (ESNT) Buy Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reiterated their buy rating on shares of Essentra (LON:ESNT) in a report published on Wednesday morning,Digital Look reports. They currently have a GBX 130 target price on the stock.

Several other analysts have also issued reports on ESNT. Royal Bank Of Canada upped their target price on Essentra from GBX 130 to GBX 140 and gave the stock an “outperform” rating in a report on Wednesday. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a GBX 100 price target on shares of Essentra in a research note on Thursday, May 21st. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 132.50.

Essentra Trading Down 1.7%

Shares of LON:ESNT opened at GBX 104.20 on Wednesday. The company’s 50-day moving average price is GBX 86.82 and its two-hundred day moving average price is GBX 91.81. The company has a debt-to-equity ratio of 53.28, a current ratio of 2.33 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 stock has a market capitalization of £295.37 million, a PE ratio of 148.86, a price-to-earnings-growth ratio of 3.84 and a beta of 0.83.

Essentra (LON:ESNT) last announced its quarterly earnings data 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, equities analysts forecast that Essentra will post 524.137931 EPS for the current fiscal 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.