Essentra PLC 22.6% potential upside indicated by Berenberg Bank

Essentra PLC with ticker (LON:ESNT) now has a potential upside of 22.6% according to Berenberg Bank.



Berenberg Bank set a target price of 360 GBX for the company, which when compared to the Essentra PLC share price of 279 GBX at opening today (09/03/2022) indicates a potential upside of 22.6%. Trading has ranged between 250 (52 week low) and 366 (52 week high) with an average of 373,416 shares exchanging hands daily. The market capitalisation at the time of writing is £834,162,343.

Essentra plc is a United Kingdom-based company that provides essential components and solutions. The Company is focused on the light manufacture and distribution of high volume, enabling components, which serve customers in a variety of end-markets and geographies. The Company operates through three segments: Components, Packaging and Filters. Its Components segment is engaged in the manufacturing and distribution of plastic injection molded, vinyl dip molded and metal items. This segment also includes the Reid Supply business, which provides a range of branded hardware supplies to a base of industrial customers, primarily located in the United States Mid-West. Its Packaging segment is a multi-continental supplier of a full secondary packaging range to the health and personal care sectors. Its products include cartons, leaflets, self-adhesive labels and printed foils used in blister packs. Its Filters segment offers cigarette filters and related solutions to the tobacco industry.