Deutsche Bank Increases Enterprise Inns Price Target to GBX 205 (ETI)
Stock analysts at Deutsche Bank upped their price objective on shares of Enterprise Inns (LON:ETI) from GBX 190 ($3.07) to GBX 205 ($3.31) in a report issued on Wednesday, AnalystRatingsNetwork.com reports. The firm currently has a “buy” rating on the stock. Deutsche Bank’s target price would indicate a potential upside of 34.87% from the stock’s previous close.
Enterprise Inns (LON:ETI) traded up 0.66% during mid-day trading on Wednesday, hitting GBX 152.00. The stock had a trading volume of 2,274,079 shares. Enterprise Inns has a 1-year low of GBX 61.50 and a 1-year high of GBX 159.00. The stock’s 50-day moving average is GBX 145.5 and its 200-day moving average is GBX 119.7. The company’s market cap is £759.1 million.
Other equities research analysts have also recently issued reports about the stock. Analysts at Morgan Stanley reiterated an “overweight” rating on shares of Enterprise Inns (LON:ETI) in a research note to investors on Friday, September 6th. They now have a GBX 140 ($2.26) price target on the stock. Separately, analysts at Panmure Gordon reiterated a “hold” rating on shares of Enterprise Inns (LON:ETI) in a research note to investors on Thursday, September 5th. They now have a GBX 123 ($1.98) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated an “add” rating on shares of Enterprise Inns (LON:ETI) in a research note to investors on Thursday, September 5th. They now have a GBX 170 ($2.74) price target on the stock. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of GBX 155.30 ($2.51).
Enterprise Inns plc is a United Kingdom-based company. The Company operates on one segment is that of leased and tenanted pub operator in the United Kingdom.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.