Energizer Holdings (ENR) Receives Price Target

Energizer Holdings (ENR) stock is expected to deviate a maximum of $2.23 from the average target price of $51.83 for the short term period. 6 Street Experts have initiated coverage on the stock with the most promising target being $55 and the most muted being $50.

Energizer Holdings (ENR) has an average broker rating of 2, which is interpreted as a Buy, as rated by 8 equity analysts. Nonetheless, 4 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 4 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.


Also, UBS maintains its rating on Energizer Holdings (NYSE:ENR). The global brokerage major raises the current price target from $47 per share to $50 per share. Analysts at the UBS have a current rating of Neutral on the shares. The rating by the firm was issued on August 4, 2016.

Energizer Holdings (NYSE:ENR): The stock opened at $49.45 on Thursday but the bulls could not build on the opening and the stock topped out at $49.59 for the day. The stock traded down to $49.07 during the day, due to lack of any buying support eventually closed down at $49.23 with a loss of -0.38% for the day. The stock had closed at $49.42 on the previous day. The total traded volume was 383,203 shares.

Energizer Holdings, Inc., formerly Energizer SpinCo, Inc., manufactures and markets batteries and portable lighting products. The Company is focused on household products business. The Companys brands include Energizer and Eveready. In addition to the Energizer and Eveready brands, the Company also markets its flashlights under the Hard Case, Dolphin, and Weather Ready sub-brands. Its products include Schick and Wilkinson Sword mens and womens shaving systems and disposables; Edge and Skintimate shave preparations; Playtex tampons, gloves and infant feeding products; Banana Boat and Hawaiian Tropic sun care products, and Wet Ones moist wipes. The Company four geographic segments include North America, which is comprised of the United States and Canada; Latin America, which includes its markets in Mexico, the Caribbean, Central America and South America; Europe, Middle East and Africa (EMEA), and Asia Pacific, which is comprised of its markets in Asia, Australia and New Zealand.

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