Essentra PLC (LON:ESNT) had its target price decreased by investment analysts at Jefferies Group from GBX 615 ($7.68) to GBX 445 ($5.56) in a report issued on Friday. The firm currently has a “buy” rating on the stock. Jefferies Group’s target price indicates a potential upside of 15.58% from the stock’s previous close.
Several other analysts also recently weighed in on ESNT. JPMorgan Chase & Co. downgraded Essentra PLC to an “underweight” rating and cut their price target for the stock from GBX 700 ($8.75) to GBX 426 ($5.32) in a research note on Tuesday, August 2nd. Numis Securities Ltd restated a “buy” rating and issued a GBX 635 ($7.93) price target on shares of Essentra PLC in a research note on Monday, August 1st. Deutsche Bank AG restated a “hold” rating and issued a GBX 670 ($8.37) price target on shares of Essentra PLC in a research note on Monday, August 1st. Finally, Citigroup Inc. cut their price target on Essentra PLC from GBX 730 ($9.12) to GBX 700 ($8.75) and set a “buy” rating on the stock in a research note on Monday, August 1st. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of GBX 565.33 ($7.06).
Shares of Essentra PLC (LON:ESNT) opened at 388.00 on Friday. Essentra PLC has a one year low of GBX 366.70 and a one year high of GBX 899.50. The company’s 50-day moving average price is GBX 489.48 and its 200-day moving average price is GBX 568.38. The company’s market capitalization is GBX 1.01 billion.