Energizer (NYSE:ENR) had its price objective boosted by SunTrust Banks to $70.00 in a note issued to investors on Wednesday, The Fly reports. The brokerage currently has a “buy” rating on the stock. SunTrust Banks’ price target would suggest a potential upside of 28.84% from the company’s previous close.
Other research analysts have also recently issued reports about the stock. KeyCorp set a $55.00 price target on shares of Energizer and gave the company a “buy” rating in a research report on Monday, October 16th. Zacks Investment Research raised shares of Energizer from a “hold” rating to a “buy” rating and set a $58.00 price target for the company in a research report on Wednesday, January 10th. Deutsche Bank raised shares of Energizer from a “hold” rating to a “buy” rating and decreased their target price for the stock from $50.00 to $49.00 in a report on Thursday, January 4th. Citigroup decreased their target price on shares of Energizer from $54.00 to $52.00 and set a “buy” rating for the company in a report on Friday, November 10th. Finally, Morgan Stanley decreased their target price on shares of Energizer from $53.00 to $50.00 and set an “equal weight” rating for the company in a report on Thursday, November 9th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the stock. Energizer has an average rating of “Hold” and a consensus target price of $56.56.
Shares of Energizer (NYSE ENR) traded down $0.49 during midday trading on Wednesday, reaching $54.33. 875,689 shares of the company were exchanged, compared to its average volume of 1,470,215. Energizer has a one year low of $40.64 and a one year high of $62.86. The stock has a market cap of $3,416.93, a PE ratio of 16.87, a P/E/G ratio of 2.54 and a beta of 0.59. The company has a debt-to-equity ratio of 11.50, a quick ratio of 1.21 and a current ratio of 1.75.
A number of institutional investors have recently modified their holdings of ENR. Legal & General Group Plc raised its holdings in Energizer by 18.5% in the second quarter. Legal & General Group Plc now owns 48,670 shares of the company’s stock worth $2,337,000 after buying an additional 7,598 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Energizer by 7.5% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,412 shares of the company’s stock worth $116,000 after buying an additional 169 shares during the last quarter. Swiss National Bank raised its holdings in Energizer by 1.5% in the second quarter. Swiss National Bank now owns 103,525 shares of the company’s stock worth $4,971,000 after buying an additional 1,500 shares during the last quarter. Oppenheimer Asset Management Inc. raised its holdings in Energizer by 149.1% in the second quarter. Oppenheimer Asset Management Inc. now owns 3,460 shares of the company’s stock worth $166,000 after buying an additional 2,071 shares during the last quarter. Finally, Eaton Vance Management raised its holdings in Energizer by 0.9% in the second quarter. Eaton Vance Management now owns 28,326 shares of the company’s stock worth $1,360,000 after buying an additional 251 shares during the last quarter.
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Energizer Company Profile
Energizer Holdings, Inc is a manufacturer, marketer and distributor of household batteries, specialty batteries and lighting products. The Company is a designer and marketer of automotive fragrance and appearance products. It operates through four geographic segments: North America, which consists of the United States and Canada; Latin America, which includes its markets in Mexico, the Caribbean, Central America and South America; Europe, the Middle East and Africa (EMEA), and Asia Pacific, which consists of its markets in Asia, Australia and New Zealand.
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