SunTrust Robinson Thinks Energizer Holdings Inc’s Stock is Going to Recover


SunTrust Robinson analyst William Chappell reiterated a Buy rating on Energizer Holdings Inc (ENR) on November 18 and set a price target of $60. The company’s shares closed yesterday at $46.99, close to its 52-week low of $44.15.

According to TipRanks.com, Chappell is a 4-star analyst with an average return of 9.4% and a 61.1% success rate. Chappell covers the Consumer Goods sector, focusing on stocks such as Constellation Brands Inc, Edgewell Personal Care, and Colgate-Palmolive.

Energizer Holdings Inc has an analyst consensus of Moderate Buy, with a price target consensus of $62, which is a 31.9% 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 $2.8B and has a P/E ratio of 30.87. The company has a Price to Book ratio of 114.33.

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.

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