Enterprise Group (TSE:E) PT Set at C$2.30 by Fundamental Research

Fundamental Research set a C$2.30 price objective on Enterprise Group (TSE:E) in a research note released on Tuesday morning,BayStreet.CA reports. The firm currently has a buy rating on the stock.

Several other brokerages have also commented on E. Raymond James decreased their price objective on shares of Enterprise Group from C$3.75 to C$3.00 and set an “outperform” rating on the stock in a report on Friday, March 21st. Acumen Capital lowered their price target on Enterprise Group from C$2.80 to C$2.40 and set a “buy” rating for the company in a research report on Friday, March 21st.

Enterprise Group Stock Down 5.1 %

Shares of E opened at C$1.31 on Tuesday. The company’s 50-day moving average price is C$2.01 and its 200 day moving average price is C$2.05. Enterprise Group has a 12-month low of C$0.88 and a 12-month high of C$2.69. The company has a current ratio of 3.85, a quick ratio of 3.18 and a debt-to-equity ratio of 51.73. The firm has a market cap of C$100.87 million, a P/E ratio of 12.76 and a beta of 1.18.

Enterprise Group Company Profile

Enterprise Group, Inc, through its subsidiaries, operates as an equipment rental and construction services company in Canada. The company engages in the specialty equipment rental business. It also rents flameless heaters to the construction, and oil and gas industries. In addition, the company offers oilfield infrastructure site and rental services, including modular/combo equipment, such as fuel, generator, light stand, sewage treatment, medic security, and truck trailer combos.