Jefferies has resumed coverage of Spectrum Brands Holdings, Inc. (NYSE:SPB), the US consumer products company, with a Buy rating and a $97 price target, implying 26% upside from current levels. The broker believes investors are focusing too heavily on near-term consumer weakness and cost pressures while overlooking improving earnings potential, with operational improvements and recovering product categories expected to support growth beyond financial year 2027.
SPB's Q3 sales growth reflects gains across all businesses, with innovation, digital commerce and efficiency efforts driving its strategy.
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| Household Products Industry | Consumer Staples Sector | David Maura CEO | XFRA Exchange | 84790A105 CUSIP |
| US Country | 3,000 Employees | 25 Aug 2026 Last Dividend | 7 Apr 2005 Last Split | 2 Sep 2009 IPO Date |
Spectrum Brands Holdings, Inc. is a multinational company that specializes in consumer products and home essentials, serving various regions including North America, Europe, the Middle East, Africa, and the Asia-Pacific. The company operates through three primary segments: Home and Personal Care; Global Pet Care; and Home and Garden, each catering to specific market needs with a range of branded products. Spectrum Brands, with its rich history dating back to 1906, is based in Middleton, Wisconsin, and has established itself as a key player in the consumer goods industry by offering products through retailers, e-commerce platforms, wholesalers, and distributors.
The diversified portfolio of Spectrum Brands Holdings, Inc. is categorized into three main segments, each offering a wide array of products: