Shares of Enersys (NYSE:ENS) have received a consensus recommendation of “Hold” from the six ratings firms that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have issued a buy recommendation on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $85.00.

ENS has been the subject of several recent research reports. Zacks Investment Research raised shares of Enersys from a “hold” rating to a “buy” rating and set a $94.00 price target for the company in a research note on Monday, May 8th. Oppenheimer Holdings, Inc. reissued a “buy” rating on shares of Enersys in a research note on Thursday, May 4th. ValuEngine raised shares of Enersys from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Finally, BidaskClub downgraded shares of Enersys from a “hold” rating to a “sell” rating in a research note on Wednesday, July 12th.

COPYRIGHT VIOLATION WARNING: “Analysts Set Enersys (ENS) Target Price at $85.00” was originally posted by Daily Political and is the property of of Daily Political. If you are reading this report on another site, it was illegally stolen and republished in violation of United States & international copyright and trademark legislation. The original version of this report can be viewed at https://www.dailypolitical.com/2017/08/09/analysts-set-enersys-ens-target-price-at-85-00.html.

In other news, insider Holger P. Aschke sold 3,000 shares of the company’s stock in a transaction dated Tuesday, May 23rd. The shares were sold at an average price of $81.00, for a total transaction of $243,000.00. Following the completion of the transaction, the insider now directly owns 28,928 shares of the company’s stock, valued at $2,343,168. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Kerry M. Kane sold 4,413 shares of the company’s stock in a transaction dated Wednesday, May 24th. The shares were sold at an average price of $82.16, for a total transaction of $362,572.08. Following the transaction, the vice president now directly owns 17,210 shares of the company’s stock, valued at $1,413,973.60. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 7,676 shares of company stock valued at $627,462. Insiders own 1.40% of the company’s stock.

Several institutional investors have recently modified their holdings of ENS. BlackRock Inc. increased its position in shares of Enersys by 17,956.9% in the first quarter. BlackRock Inc. now owns 4,444,522 shares of the industrial products company’s stock valued at $350,852,000 after buying an additional 4,419,908 shares during the period. Vanguard Group Inc. increased its position in shares of Enersys by 9.4% in the first quarter. Vanguard Group Inc. now owns 3,710,902 shares of the industrial products company’s stock valued at $292,939,000 after buying an additional 318,032 shares during the period. Boston Partners increased its position in shares of Enersys by 47.8% in the second quarter. Boston Partners now owns 2,676,099 shares of the industrial products company’s stock valued at $193,884,000 after buying an additional 866,056 shares during the period. State Street Corp increased its position in shares of Enersys by 3.5% in the first quarter. State Street Corp now owns 1,432,212 shares of the industrial products company’s stock valued at $113,059,000 after buying an additional 48,515 shares during the period. Finally, Bank of New York Mellon Corp increased its position in shares of Enersys by 2.4% in the first quarter. Bank of New York Mellon Corp now owns 927,653 shares of the industrial products company’s stock valued at $73,229,000 after buying an additional 21,932 shares during the period. 95.86% of the stock is owned by hedge funds and other institutional investors.

Shares of Enersys (NYSE ENS) traded down 1.60% on Friday, reaching $72.01. The company had a trading volume of 21,104 shares. The company has a market capitalization of $3.13 billion, a PE ratio of 19.78 and a beta of 1.65. Enersys has a one year low of $63.10 and a one year high of $84.74. The company’s 50-day moving average is $72.82 and its 200-day moving average is $77.27.

Enersys (NYSE:ENS) last posted its quarterly earnings results on Tuesday, May 30th. The industrial products company reported $1.28 earnings per share for the quarter, hitting the consensus estimate of $1.28. Enersys had a net margin of 6.77% and a return on equity of 19.57%. Equities research analysts predict that Enersys will post $4.96 earnings per share for the current year.

About Enersys

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.

Receive News & Ratings for Enersys Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enersys and related companies with MarketBeat.com's FREE daily email newsletter.