Essentra’s (ESNT) “Buy” Rating Reaffirmed at Jefferies Financial Group

Essentra (LON:ESNT)‘s stock had its “buy” rating reiterated by stock analysts at Jefferies Financial Group in a research note issued on Wednesday,London Stock Exchange reports. They currently have a GBX 130 price target on the stock. Jefferies Financial Group’s target price would indicate a potential upside of 55.69% from the stock’s current price.

ESNT has been the topic of a number of other research reports. Royal Bank Of Canada decreased their price objective on shares of Essentra to GBX 130 and set an “outperform” rating on the stock in a report on Wednesday, March 18th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 160 target price on shares of Essentra in a report on Thursday, March 19th. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on shares of Essentra from GBX 150 to GBX 100 and set a “hold” rating for the company in a research report on Monday, April 13th. Four equities research 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 has an average rating of “Moderate Buy” and a consensus price target of GBX 150.

Essentra Trading Up 1.8%

LON:ESNT opened at GBX 83.50 on Wednesday. Essentra has a 1 year low of GBX 79.60 and a 1 year high of GBX 123.80. The company has a debt-to-equity ratio of 47.67, a quick ratio of 0.50 and a current ratio of 2.20. The stock has a fifty day moving average price of GBX 87.88 and a two-hundred day moving average price of GBX 95.20. The stock has a market capitalization of £237.07 million, a price-to-earnings ratio of 119.29, a PEG ratio of 3.84 and a beta of 0.80.

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

Insider Transactions at Essentra

In other Essentra news, insider Rowan Baker acquired 9,477 shares of the firm’s stock in a transaction that occurred on Friday, April 24th. The shares were acquired at an average cost of GBX 84 per share, for a total transaction of £7,960.68. Also, insider Scott Fawcett acquired 17,483 shares of the stock in a transaction that occurred on Wednesday, April 15th. The stock was acquired at an average cost of GBX 86 per share, for a total transaction of £15,035.38. Insiders purchased a total of 91,194 shares of company stock worth $8,208,359 over the last ninety days. 0.48% of the stock is currently owned by company insiders.

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 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.