Essentra’s (ESNT) Buy Rating Reiterated at Peel Hunt

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Peel Hunt restated their buy rating on shares of Essentra (LON:ESNT) in a report issued on Monday morning, ThisIsMoney.Co.Uk reports.

Several other research firms also recently weighed in on ESNT. Deutsche Bank reiterated a buy rating and set a GBX 430 ($5.62) target price on shares of in a research report on Friday, June 21st. Stifel Nicolaus downgraded Essentra to a hold rating in a research report on Tuesday, May 7th. Finally, Numis Securities reiterated a buy rating and set a GBX 1,800 ($23.52) target price on shares of in a research report on Monday, June 3rd. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company has an average rating of Buy and a consensus price target of GBX 478.33 ($6.25).

ESNT stock opened at GBX 423.20 ($5.53) on Monday. The stock has a market cap of $1.11 billion and a P/E ratio of 46.00. Essentra has a 1 year low of GBX 324.80 ($4.24) and a 1 year high of GBX 517 ($6.76). The company has a current ratio of 1.67, a quick ratio of 0.98 and a debt-to-equity ratio of 51.52. The business has a fifty day moving average price of GBX 413.56.

In related news, insider Paul Forman bought 20,000 shares of the stock in a transaction that occurred on Tuesday, May 7th. The shares were bought at an average cost of GBX 393 ($5.14) per share, for a total transaction of £78,600 ($102,704.82).

Essentra Company Profile

Essentra plc manufactures and sells specialist plastic, fiber, foam, and packaging products worldwide. It operates through four divisions: Component, Packaging, Filter Products, and Specialist Components. The Component division offers plastic injection molded, vinyl dip-molded, and metal items for equipment manufacturing, automotive, fabrication, electronics, and construction industries; and component solutions for protection and finishing purposes.

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Analyst Recommendations for Essentra (LON:ESNT)

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