Essentra (LON:ESNT) Price Target Cut to GBX 130 by Analysts at Royal Bank Of Canada

Essentra (LON:ESNT) had its price target decreased by Royal Bank Of Canada to GBX 130 in a report issued on Wednesday, MarketBeat Ratings reports. Royal Bank Of Canada currently has an outperform rating on the stock.

Several other equities analysts have also commented on ESNT. Berenberg Bank reiterated a “buy” rating and issued a GBX 160 price target on shares of Essentra in a research note on Thursday, January 15th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Essentra from GBX 165 to GBX 150 and set a “buy” rating for the company in a research report on Thursday, January 15th. Five equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of GBX 164.

Essentra Stock Up 0.5%

Shares of LON ESNT opened at GBX 97.90 on Wednesday. The business has a 50-day moving average of GBX 101.70 and a two-hundred day moving average of GBX 100.70. The company has a market capitalization of £278.84 million, a price-to-earnings ratio of 29.67, a price-to-earnings-growth ratio of 3.84 and a beta of 0.86. Essentra has a 1 year low of GBX 88.53 and a 1 year high of GBX 123.80. The company has a debt-to-equity ratio of 47.67, a current ratio of 2.20 and a quick ratio of 0.50.

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

Insiders Place Their Bets

In related news, insider Steve Good purchased 40,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 17th. The shares were purchased at an average price of GBX 93 per share, for a total transaction of £37,200. Also, insider Kath Durrant acquired 10,894 shares of Essentra stock in a transaction on Tuesday, March 17th. The shares were bought at an average cost of GBX 91 per share, with a total value of £9,913.54. Insiders own 0.48% of the company’s stock.

Essentra News Summary

Here are the key news stories impacting Essentra this week:

• Positive Sentiment: Two senior insiders bought stock (Steve Good: 40,000 shares at GBX 93; Kath Durrant: 10,894 shares at GBX 91). Large insider purchases signal management confidence and can support the share price. Insider Trades Alert
• Positive Sentiment: Company set out a plan to rebuild margins as sales start to grow again — a strategic focus that, if executed, could reverse recent margin weakness and improve profitability over the medium term. Investors Chronicle: Plan to Rebuild Margins
• Neutral Sentiment: Q3 results broadly met expectations (GBX 6.10 EPS) but showed margin pressure and modest net margin/ROE. Meeting estimates reduces downside from a profit surprise, but the margin story remains the key risk to earnings upside. Earnings Coverage
• Negative Sentiment: Royal Bank of Canada cut its price target to GBX 130 (from GBX 155) while keeping an “outperform” rating — a downgrade of expectations that can weigh on sentiment despite the retained positive view. Broker Ratings (Digital Look)

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.