Truist has revised its price target for Energizer Holdings, Inc. (ENR, Financial), decreasing it from $45 to $40. Despite this reduction, the firm maintains a Buy rating on the stock as the company prepares to release its quarterly earnings report.
The decision to lower the price target is attributed to recent shifts in market dynamics and a contraction in valuation multiples seen across various industry groups. This adjustment reflects broader trends impacting the sector, though Truist remains optimistic about Energizer's potential moving forward.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 7 analysts, the average target price for Energizer Holdings Inc (ENR, Financial) is $35.14 with a high estimate of $45.00 and a low estimate of $27.00. The average target implies an upside of 27.24% from the current price of $27.62. More detailed estimate data can be found on the Energizer Holdings Inc (ENR) Forecast page.
Based on the consensus recommendation from 8 brokerage firms, Energizer Holdings Inc's (ENR, Financial) average brokerage recommendation is currently 2.8, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Energizer Holdings Inc (ENR, Financial) in one year is $31.16, suggesting a upside of 12.82% from the current price of $27.62. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Energizer Holdings Inc (ENR) Summary page.
