Enhanced Group (NYSE:ENHA) Price Target Raised to $17.00

Enhanced Group (NYSE:ENHA) had its target price hoisted by Canaccord Genuity Group from $5.00 to $17.00 in a research note issued to investors on Friday morning,Benzinga reports. Canaccord Genuity Group currently has a buy rating on the stock.

ENHA has been the subject of several other reports. Wall Street Zen downgraded Enhanced Group to a “strong sell” rating in a research report on Saturday, August 1st. Weiss Ratings raised shares of Enhanced Group from a “sell (e)” rating to a “sell (e+)” rating in a research note on Friday, September 25th. Finally, Cantor Fitzgerald started coverage on Enhanced Group in a report on Wednesday, September 23rd. They issued an “overweight” rating and a $40.00 target price on the stock. Two equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $28.50.

Enhanced Group Trading Down 0.2%

Shares of ENHA stock opened at $9.41 on Friday. The stock’s fifty day simple moving average is $13.97. Enhanced Group has a twelve month low of $9.22 and a twelve month high of $140.00. The company has a market cap of $365.11 million, a P/E ratio of -21.40 and a beta of -1.34.

Enhanced Group Company Profile

We are a blank check company incorporated in the British Virgin Islands as a business company with limited liability and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.