eEnergy Group (LON:EAAS) Price Target Lowered to GBX 9 at Canaccord Genuity Group

eEnergy Group (LON:EAASGet Free Report) had its price target dropped by Canaccord Genuity Group from GBX 12 to GBX 9 in a report released on Tuesday,Digital Look reports. The brokerage currently has a “buy” rating on the stock. Canaccord Genuity Group’s target price points to a potential upside of 256.44% from the stock’s previous close.

eEnergy Group Stock Performance

LON EAAS opened at GBX 2.52 on Tuesday. The firm has a market cap of £9.78 million, a P/E ratio of -3.20 and a beta of 1.15. The company has a quick ratio of 0.99, a current ratio of 0.88 and a debt-to-equity ratio of 7,144.44. The company’s 50 day moving average is GBX 3.20 and its 200-day moving average is GBX 4.55. eEnergy Group has a 12-month low of GBX 2.33 and a 12-month high of GBX 6.70.

eEnergy Group (LON:EAASGet Free Report) last released its quarterly earnings data on Monday, August 3rd. The company reported GBX (0.30) EPS for the quarter. eEnergy Group had a negative return on equity of 1,238.11% and a negative net margin of 9.82%. Sell-side analysts predict that eEnergy Group will post 0.4001368 earnings per share for the current year.

eEnergy Group Company Profile

(Get Free Report)

eEnergy (AIM: EAAS) is a UK-based Energy-as-a-Service (EaaS) provider, funding and delivering energy-saving and energy-generating solutions across multi-site public sector and commercial portfolios-helping customers cut energy waste, reduce operating costs, and improve building resilience with zero upfront cost.

eEnergy delivers four core solutions:
· Reduce: LED lighting and controls
· Generate: Solar PV (rooftop, ground mount, and carport)
· Store: Battery storage (store onsite generation and reduce peak-time import costs)
· Charge: EV charging infrastructure and management

Projects are funded through dedicated third party debt facilities, including up to £100m of project funding via eEnergy’s partnership with Redaptive.

eEnergy’s routes to market include direct sales, public sector frameworks, tenders, and strategic partnerships.

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