Jefferies Thinks Energizer Holdings Inc’s Stock is Going to Recover


Jefferies analyst Kevin Grundy maintained a Buy rating on Energizer Holdings Inc (ENR) today and set a price target of $68. The company’s shares closed yesterday at $46.25, close to its 52-week low of $44.15.

According to TipRanks.com, Grundy is a 4-star analyst with an average return of 6.0% and a 60.9% success rate. Grundy covers the Consumer Goods sector, focusing on stocks such as Coca-Cola European Partners plc, Skyline Champion Corporation, and Constellation Brands Inc.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Energizer Holdings Inc with a $64 average price target, which is a 38.4% upside from current levels. In a report issued on November 18, SunTrust Robinson also reiterated a Buy rating on the stock with a $60 price target.

.

See today’s analyst top recommended stocks >>

Energizer Holdings Inc’s market cap is currently $2.76B and has a P/E ratio of 30.39. The company has a Price to Book ratio of 112.52.

Based on the recent corporate insider activity of 44 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ENR in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Energizer Holdings, Inc. manufacturers and markets batteries and lighting products. The company’s products include household batteries, specialty batteries, and portable lighting. Energizer Holdings is headquartered in St. Louis, MO.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts