Deutsche Bank Reiterates “Buy” Rating for Essentra PLC (ESNT)
Essentra PLC (LON:ESNT)‘s stock had its “buy” rating reaffirmed by research analysts at Deutsche Bank in a report released on Friday. They currently have a GBX 950 ($16.13) target price on the stock. Deutsche Bank’s price target suggests a potential upside of 24.67% from the stock’s previous close.
Shares of Essentra PLC (LON:ESNT) traded down 1.04% on Friday, hitting GBX 762.00. The stock had a trading volume of 301,955 shares. Essentra PLC has a 52 week low of GBX 712.00 and a 52 week high of GBX 924.00. The stock has a 50-day moving average of GBX 764.1 and a 200-day moving average of GBX 822.7.
The company also recently declared a dividend, which is scheduled for Thursday, October 30th. Stockholders of record on Wednesday, September 24th will be given a dividend of GBX 5.70 ($0.10) per share. This represents a yield of 0.74%. The ex-dividend date of this dividend is Wednesday, September 24th.
Separately, analysts at Goldman Sachs cut their price target on shares of Essentra PLC from GBX 1,030 ($17.49) to GBX 1,000 ($16.98) in a research note on Friday, May 23rd. They now have a “buy” rating on the stock. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Essentra PLC presently has an average rating of “Hold” and an average target price of GBX 904 ($15.35).
Essentra plc, formerly Filtrona plc, is an international supplier of specialty plastic, fiber, foam products and packaging products.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.