Essentra PLC (LON:ESNT) had its target price reduced by analysts at Jefferies Group from GBX 615 ($7.63) to GBX 445 ($5.52) in a research report issued to clients and investors on Friday. The brokerage presently has a “buy” rating on the stock. Jefferies Group’s target price would indicate a potential upside of 17.49% from the stock’s previous close.
A number of other equities research analysts have also weighed in on ESNT. Deutsche Bank AG reduced their price objective on shares of Essentra PLC from GBX 545 ($6.76) to GBX 425 ($5.27) and set a “hold” rating on the stock in a report on Tuesday, November 22nd. Citigroup Inc. reduced their price objective on shares of Essentra PLC from GBX 730 ($9.06) to GBX 700 ($8.68) and set a “buy” rating on the stock in a report on Monday, August 1st. Numis Securities Ltd lowered shares of Essentra PLC to an “add” rating and set a GBX 470 ($5.83) price objective on the stock. in a report on Tuesday, November 22nd. Finally, JPMorgan Chase & Co. lowered shares of Essentra PLC to an “underweight” rating and reduced their price objective for the company from GBX 700 ($8.68) to GBX 426 ($5.28) in a report on Tuesday, August 2nd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of GBX 565.33 ($7.01).
Shares of Essentra PLC (LON:ESNT) opened at 394.20 on Friday. The stock’s market capitalization is GBX 1.03 billion. The stock’s 50 day moving average is GBX 482.96 and its 200 day moving average is GBX 560.51. Essentra PLC has a 1-year low of GBX 366.70 and a 1-year high of GBX 899.50.