Energizer (NYSE:ENR) had its price target upped by equities research analysts at JPMorgan Chase &amp; Co. from $27.00 to $28.00 in a report issued on Friday, Benzinga reports. The brokerage currently has a \"neutral\" rating on the stock. JPMorgan Chase &amp; Co.'s price target suggests a potential upside of 15.54% from the stock’s current price.\n\nENR has been the subject of a number of other reports. UBS Group lowered their price target on Energizer from $26.00 to $23.00 and set a \"neutral\" rating for the company in a report on Thursday, July 17th. Canaccord Genuity Group lowered their price target on Energizer from $31.00 to $27.00 and set a \"hold\" rating for the company in a report on Wednesday, May 7th. Truist Financial lowered their price target on Energizer from $40.00 to $30.00 and set a \"buy\" rating for the company in a report on Thursday, May 8th. Finally, Barclays lowered their price target on Energizer from $26.00 to $24.00 and set an \"equal weight\" rating for the company in a report on Tuesday, July 15th. Seven equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of \"Hold\" and an average target price of $30.75.\n\nEnergizer (NYSE:ENR) last issued its earnings results on Tuesday, May 6th. The company reported $0.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.68 by ($0.01). The company had revenue of $662.90 million during the quarter, compared to analysts’ expectations of $670.85 million. Energizer had a net margin of 1.87% and a return on equity of 184.22%. The firm’s quarterly revenue was down .1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.72 earnings per share. Research analysts anticipate that Energizer will post 3.58 EPS for the current fiscal year.\n\nIn related news, Director Donal L. Mulligan purchased 10,000 shares of Energizer stock in a transaction on Monday, May 19th. The shares were bought at an average price of $23.66 per share, with a total value of $236,600.00. Following the transaction, the director directly owned 10,000 shares of the company’s stock, valued at approximately $236,600. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities &amp; Exchange Commission, which can be accessed through the SEC website. Also, CEO Mark Stephen Lavigne purchased 4,000 shares of Energizer stock in a transaction on Friday, May 9th. The stock was bought at an average cost of $21.67 per share, for a total transaction of $86,680.00. Following the transaction, the chief executive officer directly owned 277,645 shares in the company, valued at $6,016,567.15. This represents a 1.46% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders bought 25,000 shares of company stock worth $578,140 in the last three months. 0.98% of the stock is owned by company insiders.\n\nA number of hedge funds have recently bought and sold shares of ENR. Fuller &amp; Thaler Asset Management Inc. raised its position in Energizer by 58.8% in the 1st quarter. Fuller &amp; Thaler Asset Management Inc. now owns 2,094,195 shares of the company’s stock valued at $62,658,000 after purchasing an additional 775,221 shares in the last quarter. LSV Asset Management raised its position in Energizer by 28.4% in the 1st quarter. LSV Asset Management now owns 2,327,824 shares of the company’s stock valued at $69,648,000 after purchasing an additional 515,124 shares in the last quarter. Millennium Management LLC raised its position in Energizer by 66.7% in the 4th quarter. Millennium Management LLC now owns 1,240,038 shares of the company’s stock valued at $43,265,000 after purchasing an additional 496,146 shares in the last quarter. Nuveen LLC acquired a new stake in Energizer in the 1st quarter valued at about $9,069,000. Finally, Amundi raised its position in Energizer by 512.3% in the 1st quarter. Amundi now owns 311,795 shares of the company’s stock valued at $9,151,000 after purchasing an additional 260,869 shares in the last quarter. Institutional investors and hedge funds own 93.74% of the company’s stock.\n\nEnergizer Holdings, Inc, together with its subsidiaries, manufactures, markets, and distributes household batteries, specialty batteries, and lighting products worldwide. It offers lithium, alkaline, carbon zinc, nickel metal hydride, zinc air, and silver oxide batteries under the Energizer, Eveready, and Rayovac brands; primary, rechargeable, specialty, and hearing aid batteries; and handheld, headlights, lanterns, and area lights, as well as flashlights under the Hard Case, Dolphin, and WeatherReady brands.

JPMorgan Chase & Co. Forecasts Strong Price Appreciation for Energizer (NYSE:ENR) Stock

JPMorgan Chase & Co. raised its price target for Energizer (NYSE:ENR) from $27.00 to $28.00, suggesting a 15.54% upside from its current price. The company reported earnings per share (EPS) of $0.67 for the quarter, missing analyst estimates. Insiders and hedge funds have increased their holdings in Energizer, while multiple analysts have issued ratings and price targets for the stock.