E2OPEN PT Raised to $28.00 at Canaccord Genuity (EOPN)
Analysts at Canaccord Genuity upped their price objective on shares of E2OPEN (NASDAQ:EOPN) from $24.00 to $28.00 in a research report issued to clients and investors on Friday, Analyst Ratings.Net reports. Canaccord Genuity’s target price would indicate a potential upside of 17.01% from the stock’s previous close.
A number of other analysts have also recently weighed in on EOPN. Analysts at Janney Montgomery Scott initiated coverage on shares of E2OPEN in a research note to investors on Wednesday, December 11th. They set a “buy” rating on the stock. Analysts at Needham & Company raised their price target on shares of E2OPEN from $20.00 to $28.00 in a research note to investors on Monday, November 18th. They now have a “buy” rating on the stock. Six equities research analysts have rated the stock with a buy rating, E2OPEN presently has a consensus rating of “Buy” and a consensus target price of $25.17.
Shares of E2OPEN (NASDAQ:EOPN) opened at 23.93 on Friday. E2OPEN has a 52 week low of $12.27 and a 52 week high of $26.40. The stock’s 50-day moving average is $22.85 and its 200-day moving average is $21.40. The company’s market cap is $634.3 million.
E2OPEN (NASDAQ:EOPN) last issued its quarterly earnings data on Thursday, January 9th. The company reported ($0.16) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.19) by $0.03. The company had revenue of $18.30 million for the quarter, compared to the consensus estimate of $18.41 million. During the same quarter last year, the company posted $0.04 earnings per share. E2OPEN’s revenue was down 3.1% compared to the same quarter last year. Analysts expect that E2OPEN will post $-0.55 EPS for the current fiscal year.
E2open, Inc is a provider of cloud-based, on-demand software solutions. The Company’s software applications allow network participants to input, access and share data and execute business processes across internal operating units and external entities.
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.