Analysts Set Enjoy Technology Inc (NASDAQ:ENJY) Price Target at $9.40

Shares of Enjoy Technology Inc (NASDAQ:ENJY) have received a consensus rating of “Hold” from the six ratings firms that are covering the company, MarketBeat reports. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $9.40.

Several research firms have recently commented on ENJY. BTIG Research began coverage on shares of Enjoy Technology in a research report on Thursday, November 18th. They set a “buy” rating and a $10.00 price target for the company. Stifel Nicolaus assumed coverage on shares of Enjoy Technology in a research report on Wednesday, November 17th. They issued a “hold” rating and a $9.00 target price for the company. Telsey Advisory Group decreased their target price on shares of Enjoy Technology from $14.00 to $11.00 and set an “outperform” rating for the company in a research report on Friday, November 12th. Zacks Investment Research upgraded shares of Enjoy Technology from a “sell” rating to a “hold” rating in a research report on Wednesday. Finally, Robert W. Baird assumed coverage on shares of Enjoy Technology in a research report on Thursday, October 28th. They issued a “neutral” rating and a $11.00 target price for the company.

Enjoy Technology stock opened at $3.24 on Wednesday. The business’s 50-day moving average price is $5.33. Enjoy Technology has a one year low of $3.16 and a one year high of $13.11.

Enjoy Technology (NASDAQ:ENJY) last released its quarterly earnings results on Thursday, November 11th. The company reported ($0.83) EPS for the quarter, missing the consensus estimate of ($0.55) by ($0.28). The firm had revenue of $18.59 million for the quarter, compared to analyst estimates of $32.00 million. On average, research analysts expect that Enjoy Technology will post -2.49 EPS for the current fiscal year.

Enjoy Technology Company Profile

Marquee Raine Acquisition Corp. entered into a definitive merger agreement with Enjoy Technology Inc

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Analyst Recommendations for Enjoy Technology (NASDAQ:ENJY)

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