Taking this into account, Canaccord Genuity upgraded its Spectrum Brands Holdings Inc [SPB] rating to a Buy from a a Hold in a research note published on February 07, 2025; the price target was increased to $102 from $94. A number of analysts have revised their coverage, including Monness Crespi & Hardt’s analysts, who remained covering the stock and in early May has reiterated a ‘”a Buy”‘ rating for it. Monness Crespi & Hardt also remained covering SPB and reiterated its “Buy” recommendation on February 09, 2024. Canaccord Genuity revised its rating on February 09, 2024. It rated SPB as “a Hold” which previously was an “a Buy”.
Price Performance Review of SPB
On Tuesday, Spectrum Brands Holdings Inc [NYSE:SPB] saw its stock jump 1.54% to $67.08. Over the last five days, the stock has gained 6.36%. Spectrum Brands Holdings Inc shares have fallen nearly -20.61% since the year began. Nevertheless, the stocks have fallen -29.10% over the past one year. While a 52-week high of $96.62 was reached on 01/30/25, a 52-week low of $56.50 was recorded on 05/08/25. SMA at 50 days reached $66.57, while 200 days put it at $82.69.
Levels Of Support And Resistance For SPB Stock
The 24-hour chart illustrates a support level at 66.20, which if violated will result in even more drops to 65.31. On the upside, there is a resistance level at 67.94. A further resistance level may holdings at 68.79. The Relative Strength Index (RSI) on the 14-day chart is 57.55, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.43, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 7.27%. Stochastics %K at 81.38% indicates the stock is a selling.
