Essentra (LON:ESNT) PT Lowered to GBX 200 at Deutsche Bank Aktiengesellschaft
by Amy Steele · The Cerbat GemEssentra (LON:ESNT – Free Report) had its price target decreased by Deutsche Bank Aktiengesellschaft from GBX 240 ($3.17) to GBX 200 ($2.64) in a report published on Tuesday morning, MarketBeat.com reports. Deutsche Bank Aktiengesellschaft currently has a buy rating on the stock.
ESNT has been the subject of a number of other reports. Berenberg Bank reissued a buy rating and issued a GBX 255 ($3.37) price target on shares of Essentra in a report on Thursday, May 23rd. Jefferies Financial Group cut their target price on shares of Essentra from GBX 260 ($3.43) to GBX 250 ($3.30) and set a buy rating for the company in a research note on Friday, July 12th.
Check Out Our Latest Analysis on ESNT
Essentra Stock Up 2.3 %
ESNT stock opened at GBX 145 ($1.92) on Tuesday. The firm’s 50-day moving average is GBX 165.85 and its two-hundred day moving average is GBX 170.76. The company has a market capitalization of £417.18 million, a price-to-earnings ratio of 7,980.00, a price-to-earnings-growth ratio of 3.84 and a beta of 1.18. Essentra has a 52 week low of GBX 125.92 ($1.66) and a 52 week high of GBX 191.80 ($2.53). The company has a current ratio of 1.97, a quick ratio of 0.50 and a debt-to-equity ratio of 51.89.
Essentra Cuts Dividend
The business also recently announced a dividend, which will be paid on Friday, October 25th. Shareholders of record on Thursday, September 19th will be given a GBX 1.25 ($0.02) dividend. The ex-dividend date is Thursday, September 19th. This represents a yield of 0.76%.
Insider Activity
In other news, insider Scott Fawcett bought 10,479 shares of the company’s stock in a transaction on Wednesday, September 18th. The shares were bought at an average cost of GBX 142 ($1.88) per share, with a total value of £14,880.18 ($19,656.78). 0.93% of the stock is currently owned by corporate insiders.
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.
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