Deutsche Bank Reiterates Buy Rating for Enterprise Inns plc (ETI)
Enterprise Inns plc (LON:ETI)‘s stock had its “buy” rating restated by stock analysts at Deutsche Bank in a report issued on Thursday. They currently have a GBX 205 ($3.45) price objective on the stock. Deutsche Bank’s price objective would suggest a potential upside of 74.62% from the company’s current price.
Shares of Enterprise Inns plc (LON:ETI) traded down 1.59% during mid-day trading on Thursday, hitting GBX 117.40. The stock had a trading volume of 524,862 shares. Enterprise Inns plc has a 52 week low of GBX 114.70 and a 52 week high of GBX 171.40. The stock has a 50-day moving average of GBX 124.4 and a 200-day moving average of GBX 140.2. The company’s market cap is £586.8 million.
Other equities research analysts have also recently issued reports about the stock. Analysts at Panmure Gordon reiterated a “hold” rating on shares of Enterprise Inns plc in a research note on Thursday. They now have a GBX 133 ($2.24) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Enterprise Inns plc in a research note on Thursday. They now have a GBX 125 ($2.10) price target on the stock. Finally, analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of Enterprise Inns plc in a research note on Thursday. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of GBX 156.33 ($2.63).
Enterprise Inns plc (LON:ETI) operates a leased and tenanted pub model within an overall market of approximately 57,000 pubs in the United Kingdom.
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