Essentra (LON:ESNT) Price Target Cut to GBX 100 by Analysts at Deutsche Bank Aktiengesellschaft

Essentra (LON:ESNT) had its target price trimmed by Deutsche Bank Aktiengesellschaft from GBX 150 to GBX 100 in a research report report published on Monday morning,Digital Look reports. The firm currently has a hold rating on the stock.

A number of other analysts also recently commented on ESNT. Jefferies Financial Group restated a “buy” rating on shares of Essentra in a research note on Friday, March 20th. Royal Bank Of Canada reduced their price target on Essentra to GBX 130 and set an “outperform” rating for the company in a report on Wednesday, March 18th. Finally, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 160 price target on shares of Essentra in a report on Thursday, March 19th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 154.

Essentra Stock Down 10.4%

Shares of ESNT opened at GBX 84 on Monday. Essentra has a 52 week low of GBX 83.40 and a 52 week high of GBX 123.80. The company has a quick ratio of 0.50, a current ratio of 2.20 and a debt-to-equity ratio of 47.67. The company has a market capitalization of £238.85 million, a price-to-earnings ratio of 120.00, a PEG ratio of 3.84 and a beta of 0.90. The stock’s 50-day moving average price is GBX 98.12 and its 200-day moving average price is GBX 99.65.

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 return on equity of 0.79% and a net margin of 0.70%. On average, sell-side analysts predict that Essentra will post 524.137931 EPS for the current year.

Insider Buying and Selling

In other Essentra news, insider Kath Durrant bought 10,894 shares of the business’s stock in a transaction on Tuesday, March 17th. The stock was bought at an average price of GBX 91 per share, with a total value of £9,913.54. Also, insider Rowan Baker bought 10,977 shares of the business’s stock in a transaction on Tuesday, March 17th. The shares were acquired at an average cost of GBX 91 per share, with a total value of £9,989.07. Insiders have acquired 61,871 shares of company stock valued at $5,710,261 over the last ninety days. 0.48% of the stock is currently owned by company insiders.

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.