Energizer Holdings Receives New Coverage from Analysts at Wells Fargo & Co. (ENR)
Equities researchers at Wells Fargo & Co. initiated coverage on shares of Energizer Holdings (NYSE:ENR) in a research report issued on Monday, Analyst Ratings News reports. The firm set an “outperform” rating on the stock.
Shares of Energizer Holdings (NYSE:ENR) traded down 0.87% during mid-day trading on Monday, hitting $92.04. 306,376 shares of the company’s stock traded hands. Energizer Holdings has a 52 week low of $69.46 and a 52 week high of $108.50. The stock’s 50-day moving average is $95.48 and its 200-day moving average is $98.62. The company has a market cap of $5.731 billion and a price-to-earnings ratio of 14.00.
Energizer Holdings (NYSE:ENR) last announced its earnings results on Wednesday, July 31st. The company reported $1.57 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.32 by $0.25. The company had revenue of $1.15 million for the quarter, compared to the consensus estimate of $1.14 million. During the same quarter in the prior year, the company posted $1.18 earnings per share. The company’s quarterly revenue was down 1.1% on a year-over-year basis. On average, analysts predict that Energizer Holdings will post $6.89 earnings per share for the current fiscal year.
A number of other firms have also recently commented on ENR. Analysts at Zacks reiterated an “outperform” rating on shares of Energizer Holdings in a research note to investors on Thursday. They now have a $111.00 price target on the stock. Separately, analysts at Jefferies Group initiated coverage on shares of Energizer Holdings in a research note to investors on Monday, September 23rd. They set a “hold” rating and a $91.00 price target on the stock. Finally, analysts at BMO Capital Markets raised their price target on shares of Energizer Holdings from $96.00 to $100.00 in a research note to investors on Friday, August 2nd. They now have a “market perform” rating on the stock. Five research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $105.62.
Energizer Holdings, Inc (NYSE:ENR) is a manufacturers and marketers of primary batteries, portable lighting and personal care products in the wet shave, skin care, feminine care and infant care categories.
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