In a report released today, Robert Ottenstein from Evercore ISI maintained a Buy rating on Energizer Holdings (ENR – Research Report), with a price target of $60.00. The company’s shares closed last Tuesday at $39.25, close to its 52-week low of $38.59.
According to TipRanks.com, Ottenstein is a 2-star analyst with an average return of 2.2% and a 58.0% success rate. Ottenstein covers the Consumer Goods sector, focusing on stocks such as Coca-Cola Europacific Partners, The Estée Lauder Companies, and Anheuser-Busch Inbev Sa.
Energizer Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $52.29, representing a 30.7% upside. In a report released today, Morgan Stanley also maintained a Buy rating on the stock with a $51.00 price target.
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Based on Energizer Holdings’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $685 million and GAAP net loss of $10.2 million. In comparison, last year the company earned revenue of $587 million and had a GAAP net loss of $118 million.
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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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