Essentra PLC (ESNT) Earns “Add” Rating from Peel Hunt

Peel Hunt reaffirmed their add rating on shares of Essentra PLC (LON:ESNT) in a report issued on Tuesday. They currently have a GBX 585 ($7.72) price target on the stock.

A number of other equities research analysts have also recently weighed in on the company. Numis Securities Ltd reaffirmed a hold rating and set a GBX 500 ($6.60) price target on shares of Essentra PLC in a report on Tuesday, October 24th. Deutsche Bank AG reaffirmed a buy rating and set a GBX 600 ($7.92) price target on shares of Essentra PLC in a report on Monday, July 10th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company. The stock presently has an average rating of Hold and a consensus target price of GBX 526.40 ($6.95).

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In other news, insider Paul Forman acquired 20,000 shares of the firm’s stock in a transaction on Thursday, August 10th. The shares were purchased at an average cost of GBX 522 ($6.89) per share, for a total transaction of £104,400 ($137,767.22).

Essentra PLC Company Profile

Essentra plc is a supplier of plastic, fiber, foam and packaging products. The Company operates through three segments. The Component Solutions segment includes the components, pipe protection technologies (PPT), extrusion and security businesses. The Health & Personal Care Packaging segment includes specialty tapes business and is a global provider of packaging and authentication solutions to a diversified customer base in the health & personal care, consumer and specialist packaging sectors, and to the paper and board industries.

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