Essentra PLC Receives Buy Rating from Deutsche Bank (ESNT)
Essentra PLC (LON:ESNT)‘s stock had its “buy” rating reaffirmed by Deutsche Bank in a research note issued on Wednesday, StockRatingsNetwork.com reports. They currently have a GBX 950 ($15.75) price objective on the stock. Deutsche Bank’s price target suggests a potential upside of 13.23% from the company’s current price.
Shares of Essentra PLC (LON:ESNT) traded down 0.34% on Wednesday, hitting GBX 839.0001. 353,269 shares of the company’s stock traded hands. Essentra PLC has a one year low of GBX 470.08 and a one year high of GBX 924.00. The stock’s 50-day moving average is GBX 850.7 and its 200-day moving average is GBX 806.6.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. raised their price target on shares of Essentra PLC from GBX 847 ($14.04) to GBX 859 ($14.24) in a research note on Thursday, March 20th. They now have a “neutral” rating on the stock. Separately, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Essentra PLC in a research note on Friday, February 21st. They now have a GBX 870 ($14.42) price target on the stock. Finally, analysts at Panmure Gordon downgraded shares of Essentra PLC to a “hold” rating in a research note on Thursday, February 20th. They now have a GBX 841 ($13.94) price target on the stock. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Essentra PLC presently has a consensus rating of “Hold” and an average price target of GBX 863 ($14.31).
Essentra plc, formerly Filtrona plc, is an international supplier of specialty plastic, fiber, foam products and packaging products.
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