Essentra (LON:ESNT – Free Report) had its price objective reduced by Royal Bank Of Canada to GBX 130 in a research note issued to investors on Wednesday, Marketbeat reports. Royal Bank Of Canada currently has an outperform rating on the stock.
Several other research analysts have also weighed in on ESNT. Berenberg Bank reissued a “buy” rating and set a GBX 160 price target on shares of Essentra in a research report on Thursday, January 15th. Deutsche Bank Aktiengesellschaft dropped their target price on Essentra from GBX 165 to GBX 150 and set a “buy” rating on the stock in a report on Thursday, January 15th. Five equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of GBX 164.
Check Out Our Latest Report on ESNT
Essentra Stock Down 1.4%
Essentra (LON:ESNT – Get Free Report) last posted its quarterly earnings data on Tuesday, March 17th. The company reported GBX 6.10 earnings per share for the quarter. Essentra had a net margin of 0.70% and a return on equity of 0.79%. As a group, research analysts expect that Essentra will post 524.137931 earnings per share for the current year.
Insider Transactions at Essentra
In other news, insider Rowan Baker bought 10,977 shares of the stock in a transaction on Tuesday, March 17th. The shares were purchased at an average price of GBX 91 per share, for a total transaction of £9,989.07. Also, insider Steve Good bought 40,000 shares of the stock in a transaction on Tuesday, March 17th. The stock was purchased at an average price of GBX 93 per share, for a total transaction of £37,200. Over the last ninety days, insiders have purchased 61,871 shares of company stock valued at $5,710,261. 0.48% of the stock is owned by insiders.
Essentra News Roundup
Here are the key news stories impacting Essentra this week:
- Positive Sentiment: Significant insider buying from senior executives (Steve Good ~40,000 shares; Kath Durrant and Rowan Baker ~10.9k each near GBX 91) signals management confidence and can help underpin the share price. Insider Trades Alert
- Positive Sentiment: Berenberg Bank reaffirmed a “buy” rating with a GBX 160 target, supporting upside relative to current levels. Broker Ratings (Digital Look)
- Positive Sentiment: Jefferies re‑affirmed a “buy” rating on Essentra, adding another broker vote of confidence for investors watching recovery execution. Broker Ratings (Digital Look)
- Neutral Sentiment: Q3 results broadly met expectations (GBX 6.10 EPS) but showed margin pressure and weak return metrics — this limits downside from an earnings miss but means upside depends on margin recovery. Earnings Coverage
- Negative Sentiment: Royal Bank of Canada cut its price target to GBX 130 (while keeping an “outperform”), and Deutsche Bank also trimmed its target — these downward revisions can pressure near-term sentiment despite buy ratings. RBC Price Target Cut
About Essentra
Essentra plc is a leading global provider of essential components and solutions, focusing on the manufacture and distribution of plastic injection moulded, vinyl dip moulded and metal items.
Headquartered in the United Kingdom, Essentra’s global network extends to 28 countries worldwide and includes c.3,000 employees, 14 manufacturing facilities, 26 distribution centres and 37 sales & service centres serving c.64,000 customers with a rapid supply of low cost but essential products for a variety of applications in industries such as equipment manufacturing, automotive, fabrication, electronics, medical and renewable energy.
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