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Essentra plc
ESNT.UK
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Essentra’s Promising Sales Growth and Margin Recovery Drive Buy Rating

Jefferies analyst Andrew Douglas has maintained a Buy rating on Essentra (ESNT) stock, citing promising sales growth and potential margin recovery. The company's recent trading update revealed significant sales increases, especially in the EMEA region. Despite some challenges, Douglas is optimistic about Essentra's ability to recover its sales and EBITA margins, setting a price target of 150p. RBC Capital also supports this view with a Buy rating and a price target of 155p, reinforcing confidence in the company's strategic position in the EU manufacturing sector.

Tip Ranks·
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Tip Ranks·
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RBC Capital Sticks to Their Buy Rating for Essentra (ESNT)

Brooke covers the Industrials sector, focusing on stocks such as Capita plc, Rentokil Initial, and Travis Perkins. According to TipRanks, Brooke has an average return of 2.2% and a 49.32% success rate on recommended stocks. Currently, the analyst consensus on Essentra is a Moderate Buy with an average price target of p165.00, a 67.17% upside from current levels. In a report released yesterday, Jefferies also reiterated a Buy rating on the stock with a p170.00 price target.

Tip Ranks·
UK
ESNT
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Tip Ranks·
UK
ESNT
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