Essentra PLC Lowered to Hold at Panmure Gordon (ESNT)
Essentra PLC (LON:ESNT) was downgraded by investment analysts at Panmure Gordon to a “hold” rating in a note issued to investors on Thursday, Analyst Ratings Net reports. They currently have a GBX 841 ($14.09) target price on the stock. Panmure Gordon’s price objective indicates a potential downside of 5.93% from the company’s current price.
Essentra PLC (LON:ESNT) opened at 858.50 on Thursday. Essentra PLC has a 52 week low of GBX 470.08 and a 52 week high of GBX 892.00. The stock’s 50-day moving average is GBX 849.4 and its 200-day moving average is GBX 804..
ESNT has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Essentra PLC in a research note on Wednesday. They now have a GBX 925 ($15.50) price target on the stock. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of Essentra PLC from GBX 780 ($13.07) to GBX 847 ($14.19) in a research note on Thursday, December 5th. They now have a “neutral” rating on the stock.
Essentra plc, formerly Filtrona plc, is an international supplier of specialty plastic, fiber, foam products and packaging products.
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