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

Fundamental Research set a C$2.10 price target on Enterprise Group (TSE:E) in a report published on Tuesday,BayStreet.CA reports. The firm currently has a buy rating on the stock.

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

Enterprise Group Stock Up 1.8%

Shares of TSE:E opened at C$1.12 on Tuesday. The firm has a 50 day simple moving average of C$1.24 and a 200-day simple moving average of C$1.32. Enterprise Group has a twelve month low of C$1.01 and a twelve month high of C$1.93. The company has a current ratio of 2.37, a quick ratio of 3.18 and a debt-to-equity ratio of 30.73. The company has a market capitalization of C$91.55 million, a PE ratio of 28.00 and a beta of 0.69.

Enterprise Group (TSE:E) last posted its earnings results on Thursday, March 12th. The company reported C$0.01 EPS for the quarter. Enterprise Group had a net margin of 9.72% and a return on equity of 4.11%. The firm had revenue of C$10.33 million for the quarter. On average, equities analysts predict 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.