In a report released today, Nik Modi from RBC Capital reiterated a Buy rating on Energizer Holdings Inc (ENR), with a price target of $70. The company’s shares closed on Friday at $47.27, close to its 52-week low of $44.15.
According to TipRanks.com, Modi is a 5-star analyst with an average return of 7.5% and a 68.6% success rate. Modi covers the Consumer Goods sector, focusing on stocks such as Edgewell Personal Care, Keurig Dr Pepper Inc, and Colgate-Palmolive.
Energizer Holdings Inc has an analyst consensus of Strong Buy, with a price target consensus of $64, a 35.4% upside from current levels. In a report issued on November 15, Jefferies also maintained a Buy rating on the stock with a $80 price target.
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Energizer Holdings Inc’s market cap is currently $2.82B and has a P/E ratio of 31.06. The company has a Price to Book ratio of 115.
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.
