Essentra (OTCMKTS:FLRAF) Stock Rating Upgraded by Zacks Investment Research

Essentra (OTCMKTS:FLRAFGet Rating) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Tuesday, Zacks.com reports.

According to Zacks, “Essentra plc manufactures and supplies specialty plastic, fiber, foam and packaging products. The Company produces plastic molded and adhesive coated foam and metal products, custom bonded fiber and foam components, self adhesive tear tape, labels, products and technologies. Essentra plc is headquartered in Milton Keynes, the United Kingdom. “

Separately, Berenberg Bank upped their target price on shares of Essentra from GBX 360 ($4.69) to GBX 370 ($4.82) in a research note on Wednesday, March 23rd.

Shares of FLRAF stock traded up $0.73 on Tuesday, hitting $4.15. The company’s stock had a trading volume of 270 shares, compared to its average volume of 4. Essentra has a fifty-two week low of $3.42 and a fifty-two week high of $4.50. The firm’s fifty day moving average price is $3.71 and its 200-day moving average price is $3.94.

About Essentra (Get Rating)

Essentra plc provides essential components and solutions worldwide. The Components division manufactures and distributes plastic injection molded, vinyl dip-molded, and metal items for equipment manufacturing, automotive, fabrication, electronics, and construction industries; and component solutions comprising caps and plugs, wire and cable management products, flange protection products, knobs, handles and grips, PCB and electronics hardware, and tools and precision instruments for a range of applications and industries that are used in protection and finish products.

Recommended Stories

Get a free copy of the Zacks research report on Essentra (FLRAF)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Essentra Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Essentra and related companies with MarketBeat.com's FREE daily email newsletter.