Essentra PLC (ESNT) Earns Add Rating from Peel Hunt

Peel Hunt reiterated their add rating on shares of Essentra PLC (LON:ESNT) in a report issued on Tuesday morning. The brokerage currently has a GBX 585 ($7.72) target price on the stock.

ESNT has been the topic of a number of other research reports. Numis Securities Ltd lowered shares of Essentra PLC to a hold rating and set a GBX 525 ($6.93) price objective on the stock. in a research note on Wednesday, August 9th. Deutsche Bank AG reiterated a buy rating and issued a GBX 600 ($7.92) price objective on shares of Essentra PLC in a research note on Monday, July 10th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus target price of GBX 526.40 ($6.95).

Essentra PLC (LON:ESNT) opened at GBX 529 ($6.98) on Tuesday.

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

About Essentra PLC

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.

Analyst Recommendations for Essentra PLC (LON:ESNT)

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