Zacks Investment Research downgraded Spectrum Brands Holdings, Inc. (NYSE:SPB) to Hold in a report released today.
- Updated: October 11, 2016
Boasting a price of $133.74, Spectrum Brands Holdings, Inc. (NYSE:SPB) traded -1.10% lower on the day. With the last stock price close up 10.04% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Spectrum Brands Holdings, Inc. has recorded a 50-day average of $132.42 and a two hundred day average of $121.32. Volume of trade was down over the average, with 94,530 shares of SPB changing hands under the typical 314,935
Zacks Investment Research has downgraded Spectrum Brands Holdings, Inc. (NYSE:SPB) to Hold in a statement released on 10/11/2016.
On 09/29/2016, Monness Crespi released a statement for Spectrum Brands Holdings, Inc. (NYSE:SPB) bumped up the target price from $138.00 to $151.00 that suggested an upside of 0.10%.
With a total market value of $0, Spectrum Brands Holdings, Inc. has price-earnings ratio of 27.12 with a one year low of $87.65 and a one year high of $138.95 .
A total of 8 equity analysts have released a research note on SPB. Five equity analysts rating the company a strong buy, four equity analysts rating the company a buy, one equity analyst 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 $126.63.
Brief Synopsis About Spectrum Brands Holdings, Inc. (NYSE:SPB)
Spectrum Brands Holdings, Inc. (SBH) is a diversified consumer products company. The Company operates through five segments: Global Batteries & Appliances, Global Pet Supplies, Home and Garden, Hardware & Home Improvement, and Global Auto Care. The Company's Global Batteries & Appliances segment includes consumer batteries, small appliances and personal care products. The Global Pet Supplies segment markets and sells a range of pet supplies for fish, dogs, cats, birds and other small domestic animals. The Home and Garden segment sells and markets a range of insect and weed control products. The Hardware & Home Improvement segment markets and sells a range of residential locksets and door hardware. The Global Auto Care segment includes aftermarket appearance products, and performance chemicals and additives. The Company manufactures, markets and/or distributes its products in the North America, Europe, Middle East and Africa (MEA), Latin America and Asia-Pacific regions.
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