Energizer Holdings, Inc. (NYSE:EPC) had its price objective cut by Citigroup Inc. from $87.00 to $77.00 in a report issued on Friday morning. They currently have a buy rating on the stock.

A number of other research analysts also recently commented on the company. Deutsche Bank AG restated a hold rating and set a $75.00 price objective (down from $77.00) on shares of Energizer Holdings in a research note on Saturday, July 22nd. Zacks Investment Research downgraded Energizer Holdings from a buy rating to a hold rating in a research note on Friday, July 21st. Jefferies Group LLC reissued a hold rating and issued a $78.00 price target on shares of Energizer Holdings in a research note on Thursday, October 19th. Royal Bank Of Canada reissued a buy rating and issued a $105.00 price target on shares of Energizer Holdings in a research note on Sunday, July 16th. Finally, Bank of America Corporation decreased their price target on Energizer Holdings from $79.00 to $77.00 and set a neutral rating for the company in a research note on Friday, October 13th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the stock. Energizer Holdings has a consensus rating of Hold and a consensus target price of $76.27.

Shares of Energizer Holdings (NYSE:EPC) traded down $2.09 during midday trading on Friday, hitting $57.31. The stock had a trading volume of 1,924,400 shares, compared to its average volume of 537,878. Energizer Holdings has a 1-year low of $55.94 and a 1-year high of $82.69. The company has a quick ratio of 1.63, a current ratio of 2.26 and a debt-to-equity ratio of 0.88. The company has a market cap of $3,265.03, a P/E ratio of 14.40, a price-to-earnings-growth ratio of 2.03 and a beta of 0.91.

Energizer Holdings (NYSE:EPC) last issued its quarterly earnings data on Thursday, November 9th. The company reported $1.00 EPS for the quarter, missing the Zacks’ consensus estimate of $1.03 by ($0.03). The company had revenue of $564.90 million for the quarter, compared to the consensus estimate of $588.28 million. Energizer Holdings had a return on equity of 12.54% and a net margin of 0.25%. Energizer Holdings’s quarterly revenue was down 7.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.06 earnings per share. research analysts forecast that Energizer Holdings will post 3.9 EPS for the current year.

TRADEMARK VIOLATION WARNING: “Citigroup Inc. Cuts Energizer Holdings, Inc. (EPC) Price Target to $77.00” was first reported by Watch List News and is the property of of Watch List News. If you are viewing this report on another publication, it was illegally copied and republished in violation of US and international copyright & trademark law. The correct version of this report can be accessed at https://www.watchlistnews.com/citigroup-inc-cuts-energizer-holdings-inc-epc-price-target-to-77-00/1700793.html.

Several hedge funds and other institutional investors have recently made changes to their positions in EPC. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Energizer Holdings by 1,366.7% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 136,801 shares of the company’s stock worth $10,400,000 after acquiring an additional 127,474 shares in the last quarter. Clinton Group Inc. purchased a new stake in Energizer Holdings in the 2nd quarter worth about $637,000. Commerce Bank lifted its stake in Energizer Holdings by 0.7% in the 2nd quarter. Commerce Bank now owns 255,067 shares of the company’s stock worth $19,390,000 after acquiring an additional 1,669 shares in the last quarter. American Century Companies Inc. lifted its stake in Energizer Holdings by 38.4% in the 2nd quarter. American Century Companies Inc. now owns 321,828 shares of the company’s stock worth $24,465,000 after acquiring an additional 89,231 shares in the last quarter. Finally, AHL Partners LLP purchased a new stake in Energizer Holdings in the 2nd quarter worth about $3,065,000. 90.27% of the stock is owned by institutional investors and hedge funds.

About Energizer Holdings

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 & 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 companies with Analyst Ratings Network's FREE daily email newsletter.