RBC Capital Sticks to Its Buy Rating for Energizer Holdings (ENR)


In a report issued on April 20, Nik Modi from RBC Capital maintained a Buy rating on Energizer Holdings (ENR), with a price target of $53.00. The company’s shares closed last Wednesday at $35.25.

According to TipRanks.com, Modi is a 4-star analyst with an average return of 4.2% and a 61.8% success rate. Modi covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Spectrum Brands Holdings, and Mondelez International.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Energizer Holdings with a $48.50 average price target, a 35.5% upside from current levels. In a report issued on April 16, Deutsche Bank also maintained a Buy rating on the stock with a $44.00 price target.

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The company has a one-year high of $53.85 and a one-year low of $26.61. Currently, Energizer Holdings has an average volume of 963.8K.

Based on the recent corporate insider activity of 44 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling 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. It also designs and manufactures automotive fragrance and appearance products. The firm’s brands include Bahama & Co, Bahama & Co, Eagle One, Nu Finish and STP. The company’s products include household batteries, specialty batteries, and portable lighting. Energizer Holdings was founded in 2000 and is headquartered in St. Louis, MO.

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