Berenberg Bank Lowers Essentra (LON:ESNT) Price Target to GBX 365 - Defense World

2022-05-28 17:02:44 By : Mr. Wiikk Wiikk

Posted by admin on May 20th, 2022

Essentra (LON:ESNT – Get Rating) had its price objective lowered by Berenberg Bank from GBX 370 ($4.56) to GBX 365 ($4.50) in a note issued to investors on Thursday, Marketbeat reports. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s price target would indicate a potential upside of 20.66% from the stock’s current price.

Shares of Essentra stock opened at GBX 302.50 ($3.73) on Thursday. The company has a current ratio of 2.06, a quick ratio of 1.42 and a debt-to-equity ratio of 58.99. Essentra has a twelve month low of GBX 250 ($3.08) and a twelve month high of GBX 366 ($4.51). The firm has a market capitalization of £912.60 million and a PE ratio of 33.99. The firm’s 50-day moving average price is GBX 314.11 and its 200 day moving average price is GBX 317.93.

Essentra Company Profile (Get Rating)

Essentra plc provides essential components and solutions worldwide. The Components division manufactures and distributes plastic injection molded, vinyl dip-molded, and metal items for equipment manufacturing, automotive, fabrication, electronics, and construction industries; and component solutions comprising caps and plugs, wire and cable management products, flange protection products, knobs, handles and grips, PCB and electronics hardware, and tools and precision instruments for a range of applications and industries that are used in protection and finish products.

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