Oppenheimer analyst Noah Kaye maintained a Buy rating on EnerSys (ENS) today and set a price target of $100.00. The company’s shares closed last Tuesday at $91.09, close to its 52-week high of $92.27.
According to TipRanks.com, Kaye is a 5-star analyst with an average return of 17.7% and a 65.9% success rate. Kaye covers the Industrial Goods sector, focusing on stocks such as Rockwell Automation, Johnson Controls, and Dana Holding.
EnerSys has an analyst consensus of Moderate Buy, with a price target consensus of $100.00.
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The company has a one-year high of $92.27 and a one-year low of $35.21. Currently, EnerSys has an average volume of 227.3K.
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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. The company operates its business in two primary industrial battery product lines: Motive power batteries and Reserve power batteries. The Motive power batteries, which are used to provide power for manufacturing, warehousing and other material handling equipment, primarily electric industrial forklift trucks, mining equipment, diesel locomotive starting and other rail equipment. The Reserve power batteries, which are used for backup power for the continuous operation of critical applications in telecommunications systems, uninterruptible power systems, applications for computer and computer-controlled systems, and other specialty power applications, including security systems, premium starting, lighting and ignition applications, in switchgear, electrical control systems used in electric utilities, large scale energy storage, energy pipelines, in commercial aircraft, satellites, military aircraft, submarines, ships and tactical vehicles. EnerSys was founded in October 2000 and is headquartered in Reading, PA.