Berenberg Bank restated their buy rating on shares of Essentra (LON:ESNT – Free Report) in a report published on Thursday morning, MarketBeat reports. They currently have a GBX 200 ($2.60) target price on the stock.
A number of other analysts have also recently weighed in on ESNT. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Essentra from GBX 240 ($3.12) to GBX 200 ($2.60) and set a “buy” rating on the stock in a research note on Tuesday, September 17th. Jefferies Financial Group cut their target price on Essentra from GBX 260 ($3.38) to GBX 250 ($3.25) and set a “buy” rating on the stock in a research report on Friday, July 12th.
Check Out Our Latest Report on ESNT
Essentra Stock Performance
Essentra Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, October 25th. Investors of record on Thursday, September 19th will be given a dividend of GBX 1.25 ($0.02) per share. The ex-dividend date is Thursday, September 19th. This represents a dividend yield of 0.76%.
Insider Transactions at Essentra
In related news, insider Scott Fawcett purchased 10,479 shares of the firm’s stock in a transaction on Wednesday, September 18th. The shares were acquired at an average price of GBX 142 ($1.84) per share, for a total transaction of £14,880.18 ($19,319.89). Corporate insiders own 0.99% of the company’s stock.
About Essentra
Essentra plc manufactures and distributes plastic injection and vinyl dip moulded, and metal components worldwide. The company offers cable ties and conduit, and accessories; grommets, strain relief, and blanking plugs; cable glands and accessories; caps and plugs; card guides and pullers; circuit board hardware products; EMI suppression ferrite cores; fan accessories comprising filters and fan mounting accessories; screws and nuts; rivet and panel fasteners; barbed and push-fit fasteners; binder screws and snap fasteners; washers; spacers; brushes; feet; fibre management; and furniture fittings.
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