BTIG analyst Gregory Lewis maintained a Buy rating on EnerSys (ENS – Research Report) yesterday and set a price target of $100.00. The company’s shares closed last Friday at $100.96.
Lewis covers the Energy sector, focusing on stocks such as Frontline, Scorpio Tankers, and Transocean. According to TipRanks, Lewis has an average return of -1.2% and a 47.42% success rate on recommended stocks.
EnerSys has an analyst consensus of Strong Buy, with a price target consensus of $109.33, representing an 8.29% upside. In a report released on December 20, Oppenheimer also maintained a Buy rating on the stock with a $116.00 price target.
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ENS market cap is currently $4.08B and has a P/E ratio of 17.31.
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EnerSys (ENS) Company Description:
EnerSys manufactures and markets industrial batteries. It engages in stored energy solutions for industrial applications, manufactures and distributes reserve power and motive power batteries, chargers, power equipment and battery accessories to customers. The company operates its business in two primary industrial battery product lines: Motive power batteries and Reserve power batteries. The Motive power batteries, which are used to provide power for manufacturing, warehousing and other material handling equipment, primarily electric industrial forklift trucks, mining equipment, diesel locomotive starting and other rail equipment. The Reserve power batteries, which are used for backup power for the continuous operation of critical applications in telecommunications systems, uninterruptible power systems, applications for computer and computer-controlled systems, and other specialty power applications, including security systems, premium starting, lighting and ignition applications, in switchgear, electrical control systems used in electric utilities, large scale energy storage, energy pipelines, in commercial aircraft, satellites, military aircraft, submarines, ships and tactical vehicles. EnerSys was founded in October 2000 and is headquartered in Reading, PA.
Read More on ENS:
- EnerSys price target raised to $116 from $110 at Oppenheimer
- EnerSys raises Q3 EPS view to $2.50-$2.60 from $1.80-$1.90, consensus $1.85
- EnerSys price target lowered to $112 from $128 at CL King
- EnerSys price target lowered to $110 from $112 at Oppenheimer
- EnerSys sees Q3 adjusted EPS $1.80-$1.90, consensus $1.92
