Essentra PLC (LON:ESNT) had its price target decreased by analysts at Jefferies Group from GBX 615 ($7.68) to GBX 445 ($5.56) in a report released on Friday. The brokerage currently has a “buy” rating on the stock. Jefferies Group’s price target would suggest a potential upside of 15.58% from the company’s current price.
A number of other equities research analysts have also recently issued reports on ESNT. Deutsche Bank AG reduced their target price on shares of Essentra PLC from GBX 545 ($6.81) to GBX 425 ($5.31) and set a “hold” rating for the company in a research report on Tuesday. Citigroup Inc. cut their price objective on shares of Essentra PLC from GBX 730 ($9.12) to GBX 700 ($8.75) and set a “buy” rating for the company in a research report on Monday, August 1st. Numis Securities Ltd cut shares of Essentra PLC to an “add” rating and set a GBX 470 ($5.87) price objective for the company. in a research report on Tuesday. Finally, JPMorgan Chase & Co. cut shares of Essentra PLC to an “underweight” rating and cut their price objective for the stock from GBX 700 ($8.75) to GBX 426 ($5.32) in a research report on Tuesday, August 2nd. One analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of GBX 565.33 ($7.06).
Essentra PLC (LON:ESNT) opened at 381.50 on Friday. The stock has a 50 day moving average of GBX 489.48 and a 200 day moving average of GBX 568.38. The company’s market cap is GBX 995.33 million. Essentra PLC has a 52 week low of GBX 366.70 and a 52 week high of GBX 899.50.