Essentra (LON:ESNT – Get Free Report)‘s stock had its “buy” rating reaffirmed by research analysts at Berenberg Bank in a report released on Thursday, Marketbeat Ratings reports. They currently have a GBX 200 ($2.60) price target on the stock. Berenberg Bank’s target price suggests a potential upside of 30.72% from the stock’s previous close.
A number of other research firms have also recently issued reports on ESNT. Jefferies Financial Group decreased their target price on Essentra from GBX 260 ($3.38) to GBX 250 ($3.25) and set a “buy” rating on the stock in a research report on Friday, July 12th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Essentra from GBX 240 ($3.12) to GBX 200 ($2.60) and set a “buy” rating on the stock in a report on Tuesday, September 17th.
Get Our Latest Analysis on ESNT
Essentra Trading Up 0.7 %
Insider Buying and Selling
In other news, insider Scott Fawcett purchased 10,479 shares of Essentra stock in a transaction dated Wednesday, September 18th. The shares were bought at an average cost of GBX 142 ($1.84) per share, for a total transaction of £14,880.18 ($19,319.89). 0.99% 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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