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Roth MKM Reaffirms Their Buy Rating on EnerSys (ENS)

Tipranks - Tipranks - Fri May 22, 11:56PM CDT

In a report released today, Chip Moore from Roth MKM reiterated a Buy rating on EnerSys, with a price target of $265.00.

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Moore covers the Industrials sector, focusing on stocks such as Generac Holdings, Powell Industries, and Hyster-Yale Materials Handling. According to TipRanks, Moore has an average return of 36.7% and a 58.33% success rate on recommended stocks.

Currently, the analyst consensus on EnerSys is a Strong Buy with an average price target of $241.67.

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Based on EnerSys’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $988.01 million and a net profit of $77.2 million. In comparison, last year the company earned a revenue of $974.84 million and had a net profit of $96.55 million

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