Enterprise Group (TSE:E) Given a C$2.30 Price Target by Fundamental Research Analysts

Enterprise Group (TSE:E) has been assigned a C$2.30 target price by equities researchers at Fundamental Research in a report issued on Tuesday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Fundamental Research’s price target would suggest a potential upside of 67.88% from the stock’s current price.

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

Enterprise Group Stock Performance

TSE E traded down C$0.02 during trading hours on Tuesday, hitting C$1.37. 171,655 shares of the stock were exchanged, compared to its average volume of 494,417. The company has a quick ratio of 3.18, a current ratio of 3.85 and a debt-to-equity ratio of 51.73. The stock has a 50-day moving average of C$2.06 and a 200 day moving average of C$2.06. The company has a market cap of C$105.49 million, a price-to-earnings ratio of 13.35 and a beta of 1.18. Enterprise Group has a 12-month low of C$0.84 and a 12-month high of C$2.69.

About Enterprise Group

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.