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Zacks Investment Research downgraded EnerSys (NYSE:ENS) to Hold in a report released today.

Zacks Investment Research has downgraded EnerSys (NYSE:ENS) to Hold in a report released on 5/25/2017.

Previously on 5/19/2017, Zacks Investment Research reported about EnerSys (NYSE:ENS) raised the target price from $0.00 to $89.00. At the time, this indicated a possible upside of 0.11%.

Yesterday EnerSys (NYSE:ENS) traded -0.75% lower at $82.27. The company’s 50-day moving average is $68.29 and its 200-day moving average is $72.70. The last stock close price is up -3.74% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time. 281,362 shares of the stock were exchanged, up from an avg. volume of 280,258

Performance Chart

EnerSys (NYSE:ENS)

With a total market value of $0, EnerSys has price-earnings ratio of 18.86 with a one year low of $61.33 and a one year high of $84.74 .

A total of 5 equity analysts have released a ratings update on ENS. Two equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, four equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $71.40.

Brief Synopsis About EnerSys (NYSE:ENS)

EnerSys is a manufacturer, marketer and distributor of industrial batteries. The Company manufactures, markets and distributes related products, such as chargers, power equipment, outdoor cabinet enclosures and battery accessories, and provides related after-market and customer-support services for industrial batteries. Its segments based on geographic regions consist of Americas, which consists of North and South America; EMEA, which includes Europe, the Middle East and Africa, and Asia, which includes Asia, Australia and Oceania. The Company's product lines include reserve power and motive power products. Its Reserve power products also include thermally managed cabinets and enclosures for electronic equipment and batteries. The Company's motive power products are used to provide power for electric industrial forklifts used in manufacturing, warehousing and other material handling applications. They are used as mining equipment, diesel locomotive starting and other rail equipment.

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