Royal Bank Of Canada Lowers Essentra (LON:ESNT) Price Target to GBX 130

Essentra (LON:ESNT) had its price objective lowered by research analysts at Royal Bank Of Canada to GBX 130 in a research report issued to clients and investors on Wednesday, Marketbeat Ratings reports. The firm presently has an “outperform” rating on the stock. Royal Bank Of Canada’s target price suggests a potential upside of 39.04% from the company’s current price.

Other analysts have also issued research reports about the stock. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Essentra from GBX 165 to GBX 150 and set a “buy” rating on the stock in a research report on Thursday, January 15th. Berenberg Bank reissued a “buy” rating and set a GBX 160 target price on shares of Essentra in a research report on Thursday, January 15th. Five equities research analysts have rated the stock with a Buy rating, According to MarketBeat, Essentra currently has a consensus rating of “Buy” and an average price target of GBX 164.

Essentra Trading Down 4.0%

Shares of Essentra stock opened at GBX 93.50 on Wednesday. The firm has a market cap of £266.31 million, a PE ratio of 28.33, a P/E/G ratio of 3.84 and a beta of 0.86. Essentra has a 1 year low of GBX 88.53 and a 1 year high of GBX 123.80. The company has a debt-to-equity ratio of 47.67, a current ratio of 2.20 and a quick ratio of 0.50. The stock has a fifty day moving average price of GBX 101.71 and a 200-day moving average price of GBX 100.65.

Essentra (LON:ESNT) last issued its quarterly earnings results on Tuesday, March 17th. The company reported GBX 6.10 earnings per share for the quarter. Essentra had a net margin of 0.70% and a return on equity of 0.79%. Equities research analysts anticipate that Essentra will post 524.137931 EPS for the current year.

Insider Transactions at Essentra

In other news, insider Rowan Baker purchased 10,977 shares of the business’s stock in a transaction dated Tuesday, March 17th. The stock was bought at an average price of GBX 91 per share, for a total transaction of £9,989.07. Also, insider Steve Good acquired 40,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 17th. The stock was purchased at an average cost of GBX 93 per share, with a total value of £37,200. In the last 90 days, insiders bought 61,871 shares of company stock worth $5,710,261. 0.48% of the stock is owned by company insiders.

Key Essentra News

Here are the key news stories impacting Essentra this week:

• Positive Sentiment: Large insider purchases by senior executives (Steve Good bought 40,000 shares at GBX 93; Kath Durrant and Rowan Baker also purchased ~10.9k shares each near GBX 91) signal management confidence and can underpin the stock. Insider Trades Alert
• Positive Sentiment: Berenberg Bank reissued a “buy” rating and set a GBX 160 price target, which supports upside expectations versus the current trading level. London Stock Exchange
• Positive Sentiment: Company outlined a plan to rebuild margins as sales return to growth — execution of that plan is the key catalyst for earnings recovery over the medium term. Investors Chronicle: Plan to Rebuild Margins
• Neutral Sentiment: Q3 results roughly met expectations (GBX 6.10 EPS) but showed margin pressure and weak return metrics — this limits downside from an earnings surprise but leaves scope for upside only if margins improve. Earnings Coverage
• Negative Sentiment: Royal Bank of Canada trimmed its price target to GBX 130 (still “outperform”), and Deutsche Bank also reduced its target — these downward revisions may pressure sentiment despite some buy ratings. Broker Ratings (Digital Look)

Essentra Company Profile

Essentra plc is a leading global provider of essential components and solutions, focusing on the manufacture and distribution of plastic injection moulded, vinyl dip moulded and metal items.

Headquartered in the United Kingdom, Essentra’s global network extends to 28 countries worldwide and includes c.3,000 employees, 14 manufacturing facilities, 26 distribution centres and 37 sales & service centres serving c.64,000 customers with a rapid supply of low cost but essential products for a variety of applications in industries such as equipment manufacturing, automotive, fabrication, electronics, medical and renewable energy.