Energizer Holdings, Inc. (NYSE:EPC) had its price objective decreased by Bank of America Corporation from $79.00 to $77.00 in a research report sent to investors on Friday morning. Bank of America Corporation currently has a neutral rating on the stock.

Several other analysts also recently issued reports on the company. Zacks Investment Research upgraded Energizer Holdings from a hold rating to a buy rating and set a $85.00 price objective on the stock in a research report on Tuesday, July 4th. Jefferies Group LLC reiterated a hold rating and set a $77.00 target price (up from $76.00) on shares of Energizer Holdings in a research report on Thursday, July 6th. Societe Generale upgraded Energizer Holdings from a hold rating to a buy rating and increased their target price for the stock from $83.00 to $90.00 in a research report on Thursday, June 22nd. Deutsche Bank AG reiterated a hold rating and set a $75.00 target price (down from $77.00) on shares of Energizer Holdings in a research report on Saturday, July 22nd. Finally, BidaskClub downgraded Energizer Holdings from a hold rating to a sell rating in a research report on Friday, June 23rd. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company’s stock. Energizer Holdings has a consensus rating of Hold and a consensus price target of $84.44.

Shares of Energizer Holdings (NYSE:EPC) opened at 71.73 on Friday. Energizer Holdings has a 52 week low of $69.63 and a 52 week high of $84.45. The firm has a 50 day moving average price of $73.46 and a 200-day moving average price of $73.50. The firm has a market capitalization of $4.09 billion, a P/E ratio of 20.19 and a beta of 0.94.

Energizer Holdings (NYSE:EPC) last issued its quarterly earnings data on Tuesday, August 8th. The company reported $1.11 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.80 by $0.31. Energizer Holdings had a return on equity of 12.71% and a net margin of 8.80%. The business had revenue of $637.50 million for the quarter, compared to the consensus estimate of $648.13 million. During the same period in the prior year, the business earned $0.66 earnings per share. The business’s revenue was down 1.2% on a year-over-year basis. Equities research analysts predict that Energizer Holdings will post $3.97 EPS for the current fiscal year.

TRADEMARK VIOLATION WARNING: This report was posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this report on another domain, it was illegally stolen and reposted in violation of United States and international copyright & trademark law. The legal version of this report can be viewed at https://www.thecerbatgem.com/2017/10/17/bank-of-america-corporation-lowers-energizer-holdings-inc-epc-price-target-to-77-00.html.

Large investors have recently made changes to their positions in the business. Creative Planning increased its stake in Energizer Holdings by 0.9% during the second quarter. Creative Planning now owns 2,007 shares of the company’s stock worth $153,000 after acquiring an additional 18 shares during the last quarter. Parametrica Management Ltd acquired a new stake in Energizer Holdings during the second quarter worth about $201,000. GABELLI & Co INVESTMENT ADVISERS INC. increased its stake in Energizer Holdings by 6.9% during the second quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 3,100 shares of the company’s stock worth $236,000 after acquiring an additional 200 shares during the last quarter. Bayesian Capital Management LP acquired a new stake in Energizer Holdings during the second quarter worth about $240,000. Finally, Raymond James Financial Services Advisors Inc. acquired a new stake in Energizer Holdings during the first quarter worth about $237,000. Institutional investors own 89.29% of the company’s stock.

Energizer Holdings Company Profile

Edgewell Personal Care Company is a manufacturer and marketer of personal care products in the wet shave, sun and skin care, feminine care and infant care categories. As of September 30, 2016, the Company had a portfolio of over 25 brands. It manages its business in four segments: Wet Shave, Sun and Skin Care, Feminine Care and All Other.

Analyst Recommendations for Energizer Holdings (NYSE:EPC)

Receive News & Stock Ratings for Energizer Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energizer Holdings Inc. and related stocks with our FREE daily email newsletter.