Essentra PLC 35.9% potential upside indicated by Berenberg Bank

Essentra PLC with ticker (LON:ESNT) now has a potential upside of 35.9% according to Berenberg Bank.



Berenberg Bank set a target price of 310 GBX for the company, which when compared to the Essentra PLC share price of 199 GBX at opening today (30/08/2022) indicates a potential upside of 35.9%. Trading has ranged between 199 (52 week low) and 366 (52 week high) with an average of 448,043 shares exchanging hands daily. The market capitalisation at the time of writing is £626,012,352.

Essentra plc is a United Kingdom-based provider of essential components and solutions. The Company’s segments include Components and Filters. The Components segment is a manufacturer and distributor of plastic injection molded, vinyl dip molded and metal items. The Components segment also includes the Reid Supply business, which provides a wide range of branded hardware supplies to a broad base of industrial customers, largely located in the United States Mid-West. The Components segment operates internationally in approximately 25 countries worldwide, 13 manufacturing facilities and 23 sales and distribution centers. The Filters segment is a global independent cigarette filter supplier. The Filters supplies a range of filters, packaging solutions to the analytical laboratory services for ingredient measurement to the industry. The segment has approximately 12 sites across nine countries, including two innovation centers.