On Nov 21, major Wall Street analysts update their ratings for $Energizer Holdings (ENR.US)$, with price targets ranging from $38 to $45.
J.P. Morgan analyst Andrea Faria Teixeira upgrades to a hold rating, and adjusts the target price from $29 to $39.
UBS analyst Peter Grom maintains with a hold rating, and adjusts the target price from $33 to $39.
Evercore analyst Robert Ottenstein maintains with a buy rating, and maintains the target price at $40.
RBC Capital analyst Nik Modi maintains with a hold rating, and maintains the target price at $38.
Truist Financial analyst Bill Chappell maintains with a buy rating, and adjusts the target price from $40 to $45.
Furthermore, according to the comprehensive report, the opinions of $Energizer Holdings (ENR.US)$'s main analysts recently are as follows:
Energizer's slight Q4 EPS upside was driven by margins and elements below the profit line, and the guidance for FY25 is aligned with consensus expectations, which is considered favorable in a challenging staples environment.
Energizer is considered 'fundamentally on solid footing,' indicating robust underlying business performance. The company demonstrated favorable outcomes in its fiscal Q4 and has presented an optimistic projection for fiscal 2025, which includes continued margin expansion, reduction of debt, and an expected resurgence in organic sales growth. However, the current valuation of the shares suggests that they are fully priced, and prospective returns could be minimal.
Energizer is anticipated to achieve a more consistent sales and earnings performance going forward. The boost in sales momentum is attributed to volume growth, as the company expands its shelf presence. This growth has been supported by recent storm impacts and by channeling some savings from 'Project Momentum' into advertising and promotional activities to stimulate further volume growth. This scenario has contributed to a more optimistic sales outlook.
Here are the latest investment ratings and price targets for $Energizer Holdings (ENR.US)$ from 5 analysts:
Note:
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