Shares of Enersys (ENS) recently traded at $161.53, surpassing the average analyst 12-month target price of $159.00, indicating stronger market performance. Analysts are now evaluating whether to downgrade their projections or raise their price targets as the stock has crossed this threshold.
Within the coverage from Zacks, Enersys has an average price target informed by three analysts, with estimates ranging from a low of $138.00 to a high of $175.00, resulting in a standard deviation of $19.00. The overall analyst outlook shows three strong buy ratings and two hold ratings, maintaining an average rating of 1.8, where 1 is considered a strong buy and 5 is a strong sell.
Investors are urged to assess the future trajectory of Enersys to determine if the current valuation reflects a peak or if there is potential for further growth.
