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Oppenheimer analyst Noah Kaye assigned a Buy rating to EnerSys (NYSE: ENS) today. The company’s shares closed yesterday at $80.75, close to its 52-week high of $81.45.
Kaye has an average return of 4.0% when recommending EnerSys.
According to TipRanks.com, Kaye is ranked #1256 out of 4815 analysts.
EnerSys has an analyst consensus of Moderate Buy.
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Based on EnerSys’ latest earnings release for the quarter ending December 31, the company reported a quarterly GAAP net loss of $25.85 million. In comparison, last year the company had a net profit of $33.77 million.
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EnerSys manufactures and markets industrial batteries. It engages in stored energy solutions for industrial applications, manufactures and distributes reserve power and motive power batteries, chargers, power equipment, and battery accessories to customers.
