Enterprise Group (TSE:E) Price Target Lowered to C$2.40 at Acumen Capital

Enterprise Group (TSE:E - Get Free Report) had its price target lowered by investment analysts at Acumen Capital from C$2.80 to C$2.40 in a research note issued to investors on Friday,BayStreet.CA reports. The brokerage currently has a "buy" rating on the stock. Acumen Capital's target price indicates a potential upside of 75.18% from the stock's current price.

Other research analysts have also issued research reports about the stock. Fundamental Research set a C$2.75 target price on shares of Enterprise Group and gave the stock a "buy" rating in a research note on Tuesday, December 10th. Raymond James dropped their target price on shares of Enterprise Group from C$3.75 to C$3.00 and set an "outperform" rating for the company in a report on Friday.

Enterprise Group Trading Down 3.5 %

TSE:E traded down C$0.05 on Friday, reaching C$1.37. The company's stock had a trading volume of 241,705 shares, compared to its average volume of 501,821. The firm has a market cap of C$105.49 million, a price-to-earnings ratio of 13.35 and a beta of 1.18. The company has a quick ratio of 3.18, a current ratio of 3.85 and a debt-to-equity ratio of 51.73. Enterprise Group has a 12-month low of C$0.84 and a 12-month high of C$2.69. The stock has a 50 day moving average price of C$2.15 and a 200 day moving average price of C$2.07.

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.