Energizer Holdings, Inc. (NYSE:EPC) had its price target decreased by stock analysts at Bank of America Corporation from $79.00 to $77.00 in a report issued on Friday. The brokerage presently has a “neutral” rating on the stock. Bank of America Corporation’s price objective would suggest a potential upside of 6.94% from the stock’s current price.

A number of other analysts also recently weighed in on EPC. TheStreet raised shares of Energizer Holdings from a “c” rating to a “b” rating in a report on Thursday, June 22nd. Societe Generale raised shares of Energizer Holdings from a “hold” rating to a “buy” rating and upped their price target for the stock from $83.00 to $90.00 in a report on Thursday, June 22nd. Royal Bank Of Canada reaffirmed a “buy” rating and set a $105.00 price target on shares of Energizer Holdings in a report on Sunday, July 16th. Zacks Investment Research raised shares of Energizer Holdings from a “hold” rating to a “buy” rating and set a $85.00 price target for the company in a report on Tuesday, July 4th. Finally, Citigroup Inc. reaffirmed a “buy” rating and set a $87.00 price target (up previously from $86.00) on shares of Energizer Holdings in a report on Friday, August 11th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $84.44.

Energizer Holdings (NYSE:EPC) last posted its quarterly earnings data on Tuesday, August 8th. The company reported $1.11 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.80 by $0.31. The firm had revenue of $637.50 million during the quarter, compared to the consensus estimate of $648.13 million. Energizer Holdings had a net margin of 8.80% and a return on equity of 12.71%. The business’s revenue for the quarter was down 1.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.66 EPS.

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Several hedge funds have recently made changes to their positions in the company. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Energizer Holdings in the second quarter valued at about $839,000. Ameritas Investment Partners Inc. raised its holdings in shares of Energizer Holdings by 0.8% in the second quarter. Ameritas Investment Partners Inc. now owns 31,883 shares of the company’s stock valued at $2,423,000 after purchasing an additional 257 shares during the last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of Energizer Holdings by 1.4% in the second quarter. The Manufacturers Life Insurance Company now owns 84,320 shares of the company’s stock valued at $6,410,000 after purchasing an additional 1,177 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in shares of Energizer Holdings by 2,405.6% in the second quarter. Arrowstreet Capital Limited Partnership now owns 210,472 shares of the company’s stock valued at $16,000,000 after purchasing an additional 202,072 shares during the last quarter. Finally, Cubist Systematic Strategies LLC raised its holdings in shares of Energizer Holdings by 156.4% in the second quarter. Cubist Systematic Strategies LLC now owns 20,693 shares of the company’s stock valued at $1,573,000 after purchasing an additional 12,622 shares during the last quarter. Institutional investors own 89.29% of the company’s stock.

Energizer Holdings Company Profile

Edgewell Personal Care Company is a manufacturer and marketer of personal care products in the wet shave, sun and skin care, feminine care and infant care categories. As of September 30, 2016, the Company had a portfolio of over 25 brands. It manages its business in four segments: Wet Shave, Sun and Skin Care, Feminine Care and All Other.

Analyst Recommendations for Energizer Holdings (NYSE:EPC)

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