Truist Financial Sticks to Its Buy Rating for Energizer Holdings (ENR)

Truist Financial analyst Bill Chappell maintained a Buy rating on Energizer Holdings today and set a price target of $35.00.

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According to TipRanks, Chappell is an analyst with an average return of -2.0% and a 43.07% success rate. Chappell covers the Consumer Defensive sector, focusing on stocks such as Constellation Brands, TreeHouse Foods, and Celsius Holdings.

Energizer Holdings has an analyst consensus of Hold, with a price target consensus of $23.60.

Based on Energizer Holdings’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $832.8 million and a net profit of $34.9 million. In comparison, last year the company earned a revenue of $805.7 million and had a net profit of $47.6 million

Based on the recent corporate insider activity of 20 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ENR in relation to earlier this year.