Essentra (LON:ESNT) PT Lowered to GBX 200 at Deutsche Bank Aktiengesellschaft

Essentra (LON:ESNT) had its price objective cut by equities research analysts at Deutsche Bank Aktiengesellschaft from GBX 240 ($3.17) to GBX 200 ($2.64) in a report issued on Tuesday, Marketbeat Ratings reports. The brokerage currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective suggests a potential upside of 39.86% from the company’s previous close.

Several other brokerages have also issued reports on ESNT. Berenberg Bank reissued a “buy” rating and issued a GBX 255 ($3.37) target price on shares of Essentra in a research report on Thursday, May 23rd. Jefferies Financial Group decreased their target price on Essentra from GBX 260 ($3.43) to GBX 250 ($3.30) and set a “buy” rating for the company in a research report on Friday, July 12th.

Essentra Trading Up 0.8 %

LON ESNT opened at GBX 143 ($1.89) on Tuesday. Essentra has a fifty-two week low of GBX 125.92 ($1.66) and a fifty-two week high of GBX 191.80 ($2.53). The stock has a market cap of £411.43 million, a P/E ratio of 7,980.00, a price-to-earnings-growth ratio of 3.84 and a beta of 1.18. The stock has a 50 day simple moving average of GBX 166.28 and a two-hundred day simple moving average of GBX 170.95. The company has a debt-to-equity ratio of 51.89, a quick ratio of 0.50 and a current ratio of 1.97.

Essentra Company Profile

Essentra plc manufactures and distributes plastic injection and vinyl dip moulded, and metal components worldwide. The company offers cable ties and conduit, and accessories; grommets, strain relief, and blanking plugs; cable glands and accessories; caps and plugs; card guides and pullers; circuit board hardware products; EMI suppression ferrite cores; fan accessories comprising filters and fan mounting accessories; screws and nuts; rivet and panel fasteners; barbed and push-fit fasteners; binder screws and snap fasteners; washers; spacers; brushes; feet; fibre management; and furniture fittings.