Spectrum Brands Holdings Inc (SPB) Stock: Do Analysts Think You Should Sell?

Wall Street is positive on Spectrum Brands Holdings Inc (SPB). On average, analysts give the stock a Strong Buy rating. The average price target is $116.666, which means analysts expect the stock to climb by 33.64% over the next twelve months. That average ranking earns the stock an Analyst Rating of 68, which is better than 68% of stocks based on data compiled by InvestorsObserver.

Wall Street analysts are rating SPB a Strong Buy today. Find out what this means to you and get the rest of the rankings on SPB!

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Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With Spectrum Brands Holdings Inc Stock Today?

Spectrum Brands Holdings Inc (SPB) stock is up 2.71% while the S&P 500 has fallen -0.32% as of 10:53 AM on Thursday, May 12. SPB has risen $2.30 from the previous closing price of $85.00 on volume of 39,868 shares. Over the past year the S&P 500 is down -3.46% while SPB has fallen -3.11%. SPB earned $2.93 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 29.77. Click Here to get the full Stock Report for Spectrum Brands Holdings Inc stock.