Proactive Investors
15 Oct 2026, 18:46 UTC · 1h ago
Spectrum Brands undervalued as Jefferies sees 26% upside
Impact · against what's priced in
Jefferies' resumption of coverage on Spectrum Brands provides a bullish catalyst based on organic sales and EBITDA forecasts for FY2028 that exceed current market consensus. The analyst argues the current valuation overly discounts operational improvements and ignores a recovery in the Pet Care and Home & Garden segments.
- SPB+0.50
No priced-in read yet
- In context
Jefferies forecasts FY2028 organic sales growth of 2.4% and adjusted EBITDA of $335 million, both of which beat market consensus estimates of 1.8% and $327 million, respectively.
Read from the article alone
