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Zacks Investment Research downgraded Spectrum Brands Holdings, Inc. (NYSE:SPB) to Sell in a statement released earlier today.

Zacks Investment Research has downgraded Spectrum Brands Holdings, Inc. (NYSE:SPB) to Sell in a statement released on 07/08/2017.

Boasting a price of $123.66, Spectrum Brands Holdings, Inc. (NYSE:SPB) traded 0.37% higher on the day. With the last close down -16.09% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.05% over the same period. SPB has recorded a 50-day average of $120.32 and a two hundred day average of $131.66. Volume of trade was down over the average, with 378,234 shares of SPB changing hands under the typical 431,958

Recent Performance Chart

Spectrum Brands Holdings, Inc. (NYSE:SPB)

Spectrum Brands Holdings, Inc. has 52 week low of $108.30 and a 52 week high of $146.09 with a PE ratio of 22.62 and has a market capitalization of $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 8 brokerages have issued a ratings update on the company. The average stock price target is $126.63 with 5 brokerages rating the stock a strong buy, 4 brokerages rating the stock a buy, 1 brokerage rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Spectrum Brands Holdings, Inc. (NYSE:SPB)

Spectrum Brands Holdings, Inc. (SB Holdings) is a diversified global consumer products company. The Company manufactures, markets and/or distributes its products in approximately 160 countries in the North America (NA); Europe, the Middle East and Africa (EMEA); Latin America (LATAM), and Asia-Pacific (APAC) regions. It has five segments: Global Batteries & Appliances (GBA), Global Pet Supplies (PET), Home and Garden (H&G), Hardware & Home Improvement (HHI) and Global Auto Care (GAC). The Company's GBA segment includes product categories, such as consumer batteries, small appliances and personal care. The Company's HHI segment includes product categories, such as lockset, plumbing and hardware. The Company's PET segment's product categories include aquatics, companion animal and pet food. The Company's H&G segment's product categories include controls, household and repellents. The Company's GAC segment's product categories include appearance, performance and A/C recharge.

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