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An update from Essentra ( (GB:ESNT) ) is now available.
Essentra plc, a company involved in the manufacturing and distribution of various products, announced the repurchase of 11,500 of its ordinary shares as part of its ongoing buyback program. The shares were bought at a consistent price of 92.9 GBp each and will be canceled, reducing the total number of shares in circulation, which impacts the voting rights and shareholding calculations for investors.
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
Average Trading Volume: 792,810
Technical Sentiment Signal: Sell
Current Market Cap: £265.6M
For detailed information about ESNT stock, go to TipRanks’ Stock Analysis page.