Essentra (LON:ESNT) Receives Buy Rating from Jefferies Financial Group

Essentra (LON:ESNT)‘s stock had its “buy” rating reaffirmed by equities research analysts at Jefferies Financial Group in a report released on Wednesday,Digital Look reports. They presently have a GBX 130 target price on the stock. Jefferies Financial Group’s price target suggests a potential upside of 19.49% from the stock’s previous close.

A number of other equities analysts have also recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a GBX 100 price objective on shares of Essentra in a research report on Thursday, May 21st. Royal Bank Of Canada increased their price target on Essentra from GBX 130 to GBX 140 and gave the company an “outperform” rating in a report on Wednesday. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 132.50.

Essentra Trading Up 0.6%

LON ESNT opened at GBX 108.80 on Wednesday. The stock has a market cap of £308.41 million, a P/E ratio of 155.43, a PEG ratio of 3.84 and a beta of 0.83. The company’s fifty day simple moving average is GBX 85.65 and its 200-day simple moving average is GBX 91.54. The company has a current ratio of 2.20, a quick ratio of 0.50 and a debt-to-equity ratio of 47.67. Essentra has a 52 week low of GBX 78.40 and a 52 week high of GBX 114.60.

Essentra (LON:ESNT) last released its quarterly earnings results on Tuesday, July 28th. The company reported GBX 1.30 earnings per share for the quarter. Essentra had a net margin of 0.70% and a return on equity of 0.79%. Equities research analysts predict that Essentra will post 524.137931 EPS for the current fiscal year.

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 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.