6 Analysts Assess Spectrum Brands Holdings: What You Need To Know
Portfolio Pulse from Benzinga Insights
Six analysts have recently evaluated Spectrum Brands Holdings (NYSE:SPB), with a mix of bullish and indifferent ratings. The average 12-month price target has increased to $103.5, reflecting an 11.29% rise from the previous target. Analysts have raised their price targets, indicating a positive outlook despite the company's financial challenges.
June 07, 2024 | 4:00 pm
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Six analysts have evaluated Spectrum Brands Holdings, with a mix of bullish and indifferent ratings. The average 12-month price target has increased to $103.5, reflecting an 11.29% rise from the previous target. Analysts have raised their price targets, indicating a positive outlook despite the company's financial challenges.
The increase in the average price target to $103.5, along with several analysts raising their price targets, suggests a positive short-term outlook for Spectrum Brands Holdings. Despite financial challenges, the overall sentiment from analysts is optimistic, which is likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100