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RBC Capital Remains a Buy on Spectrum Brands Holdings (SPB)

Tipranks - Tipranks - Tue Jan 13, 8:32PM CST

RBC Capital analyst Nik Modi maintained a Buy rating on Spectrum Brands Holdings yesterday and set a price target of $75.00.

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According to TipRanks, Modi is an analyst with an average return of -4.8% and a 42.00% success rate. Modi covers the Consumer Defensive sector, focusing on stocks such as Kimberly Clark, Primo Brands, and Colgate-Palmolive.

Spectrum Brands Holdings has an analyst consensus of Strong Buy, with a price target consensus of $56.87.

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Based on Spectrum Brands Holdings’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $733.5 million and a net profit of $55.6 million. In comparison, last year the company earned a revenue of $773.7 million and had a net profit of $28.6 million

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