Enterprise Group (TSE:E) Given a C$2.10 Price Target by Fundamental Research Analysts

Enterprise Group (TSE:E) received a C$2.10 price objective from equities researchers at Fundamental Research in a research report issued on Tuesday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Fundamental Research’s target price suggests a potential upside of 89.19% from the stock’s previous close.

Separately, Raymond James Financial cut shares of Enterprise Group from an “outperform” rating to a “market perform” rating and dropped their price target for the stock from C$2.00 to C$1.50 in a research note on Monday, March 16th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, Enterprise Group has an average rating of “Moderate Buy” and an average target price of C$1.80.

Enterprise Group Trading Up 0.9%

E traded up C$0.01 during trading on Tuesday, reaching C$1.11. The company had a trading volume of 222,988 shares, compared to its average volume of 146,044. The company has a quick ratio of 3.18, a current ratio of 2.37 and a debt-to-equity ratio of 30.73. The business has a 50 day simple moving average of C$1.26 and a 200-day simple moving average of C$1.32. The stock has a market cap of C$86.10 million, a P/E ratio of 27.75 and a beta of 0.69. Enterprise Group has a 52 week low of C$1.01 and a 52 week high of C$1.93.

Enterprise Group (TSE:E) last posted its quarterly earnings data on Thursday, March 12th. The company reported C$0.01 earnings per share for the quarter. Enterprise Group had a net margin of 9.72% and a return on equity of 4.11%. The business had revenue of C$10.33 million for the quarter. On average, equities analysts anticipate that Enterprise Group will post 0.203 EPS for the current fiscal year.

About Enterprise Group

Enterprise Group, Inc is a consolidator of services-including specialized equipment rental to the energy/resource sector. The Company works with particular emphasis on systems and technologies that mitigate, reduce, or eliminate CO2 and Greenhouse Gas and other harmful emissions for itself and its clients. The Company is well known to local Tier One and international resource companies with operations in Western Canada.