Jefferies has resumed coverage of Spectrum Brands Holdings with a Buy rating and a $97 price target, suggesting a 26% upside from current prices. The broker highlights that investors may be overly focused on short-term consumer weakness and cost pressures, overlooking the company's improving earnings potential driven by operational improvements and recovering product categories. Jefferies forecasts organic sales growth to rise from 0.7% in fiscal 2027 to 2.4% in fiscal 2028, supported by better conditions in Global Pet Care and Home & Garden segments. The firm expects adjusted EBITDA to increase, indicating stronger profitability beyond the near term, and values the stock at a 7.5 times enterprise value-to-EBITDA multiple, with a scenario range of $67 to $112 per share depending on market conditions.
Spectrum Brands' potential 26% upside is notable alongside today's Consumer Staples sector activity on Pluang. For readers following Consumer Staples, here is Pluang's market snapshot as of Oct 16, 2026 00:11 WIB: out of 62 priced US stocks, 53 rose and 9 fell. Notable movers include ELF at USD 113.56 (+5.02%), CPB at USD 20.04 (+4.92%) with 100% buy order activity, and EL at USD 105.97 (+4.31%) with 100% sell order activity.
HDFC Bank is set to announce its quarterly earnings on October 17, 2026, with analysts expecting $0.40 earnings per share and $4.92 billion in revenue. The bank's valuation shows a trailing earnings multiple of 14.45x and a debt-to-equity ratio of 0....
Kohl's Chief Legal and Corporate Affairs Officer Jennifer J. Kent sold 18,352 shares for $403,744 on October 15, 2026, reducing her stake to 211,512 shares. Market opinions on Kohl's stock are divided, with some analysts expecting a decline while oth...
ManpowerGroup reported Q3 2026 revenue of $4.84 billion, slightly below estimates, with adjusted earnings per share at $1.01 matching expectations. Revenue grew 4% year-over-year, driven by strong U.S. Manpower and improving Experis segments. The com...
Copper exploration in British Columbia is increasingly relying on induced polarization (IP) geophysical surveys, which measure electrical chargeability and resistivity in rocks to identify sulphide mineralization associated with copper deposits. Gold...
The S&P 500 index has increased by 30.6% during the first 20 months of Donald Trump's second presidential term, slightly surpassing the 28.5% gain recorded in the same period of his first term. This comparison is significant for investors as it provi...
