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An update from Essentra ( (GB:ESNT) ) is now available.
Essentra plc has executed a share buyback, purchasing 11,500 of its ordinary shares at a price of 93.20 GBp each, as part of its ongoing buyback program. The company plans to cancel these shares, which will adjust the total number of voting rights, potentially affecting shareholder calculations under regulatory rules.
The most recent analyst rating on (GB:ESNT) stock is a Buy with a £150.00 price target. To see the full list of analyst forecasts on Essentra stock, see the GB:ESNT Stock Forecast page.
Spark’s Take on GB:ESNT Stock
According to Spark, TipRanks’ AI Analyst, GB:ESNT is a Neutral.
Essentra’s overall stock score is driven by mixed financial performance, with strong gross margins but declining revenue and profitability. Technical indicators suggest a bearish trend, and the stock appears overvalued based on its P/E ratio. The lack of earnings call data and corporate events limits additional insights.
To see Spark’s full report on GB:ESNT stock, click here.
More about Essentra
Essentra plc operates in the manufacturing industry, focusing on providing essential components and solutions. The company is known for its production of plastic and fiber products, serving a diverse range of markets including automotive, electronics, and healthcare.
Average Trading Volume: 745,734
Technical Sentiment Signal: Sell
Current Market Cap: £265.9M
See more insights into ESNT stock on TipRanks’ Stock Analysis page.