Jefferies Financial Group Lowers Essentra (LON:ESNT) Price Target to GBX 250

Essentra (LON:ESNT) had its price target decreased by equities research analysts at Jefferies Financial Group from GBX 260 ($3.33) to GBX 250 ($3.20) in a research report issued to clients and investors on Friday, MarketBeat Ratings reports. The firm presently has a “buy” rating on the stock. Jefferies Financial Group’s target price suggests a potential upside of 51.52% from the company’s previous close.

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 255 ($3.27) price target on shares of Essentra in a report on Thursday, May 23rd.

Essentra Stock Performance

LON:ESNT opened at GBX 165 ($2.11) on Friday. Essentra has a 1-year low of GBX 130.20 ($1.67) and a 1-year high of GBX 191.80 ($2.46). The firm has a 50 day simple moving average of GBX 170.88 and a 200-day simple moving average of GBX 170.78. The firm has a market cap of £475.30 million, a PE ratio of 8,250.00, a P/E/G ratio of 3.84 and a beta of 1.18. The company has a debt-to-equity ratio of 46.27, a current ratio of 1.65 and a quick ratio of 0.50.

About Essentra

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.