Goldman Sachs Starts Advanced Batteries Sector At Neutral; Rates ENS a Buy

June 28, 2010 8:13 AM EDT
Get Alerts ENS Hot Sheet
Price: $77.83 -3.03%

Rating Summary:
    6 Buy, 5 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 35 | Down: 31 | New: 9
Trade ENS Now!
Join SI Premium – FREE
Goldman Sachs initiates coverage on the advanced battery industry with a Neutral view.

The firm EnerSys (NYSE: ENS) Buy, Ener1 (NYSE: HEV) Neutral, and assume coverage of A123 Systems (Nasdaq: AONE) at Neutral.

Commenting on EnerSys the firm said, "like its lead-acid batteries, EnerSys is a solid but underfollowed and underappreciated performer showing 30% upside to our $29 6-month price target."

Market Moving News and Intelligence - Free Sign-Up>

You May Also Be Interested In

Related Categories

New Coverage, Trader Talk

Add Your Comment