Zacks Investment Research downgraded EnerSys (NYSE:ENS) to Hold in a report released today.
- Updated: January 11, 2017
Zacks Investment Research has downgraded EnerSys (NYSE:ENS) to Hold in a report released on Wednesday January 11, 2017.
Previously on 1/06/2017, Oppenheimer Holdings, Inc. released a statement about EnerSys (NYSE:ENS) increased the target price from $0.00 to $92.00. At the time, this indicated a possible upside of 0.14%.
Yesterday EnerSys (NYSE:ENS) traded 0.13% higher at $79.43. The company’s 50-day moving average is $79.50 and its 200-day moving average is $69.98. The last closing price is up 13.60% from the 200-day moving average, compared to the S&P 500 which has decreased -0.04% over the same time period. 62,637 shares of the stock traded hands, down from an average trading volume of 265,189
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EnerSys has a 52 week low of $42.60 and a 52 week high of $83.70 with a P/E ratio of 25.52 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 5 brokers have issued a research note on the company. The average stock price target is $71.40 with 2 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 4 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information 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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