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

Enterprise Group (TSE:E) has been given a C$2.30 price target by equities researchers at Fundamental Research in a research note issued on Tuesday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Fundamental Research’s target price would suggest a potential upside of 75.57% from the stock’s previous close.

A number of other brokerages have also recently issued reports on E. Acumen Capital reduced their price objective on shares of Enterprise Group from C$2.80 to C$2.40 and set a “buy” rating for the company in a report on Friday, March 21st. Raymond James lowered their price objective on Enterprise Group from C$3.75 to C$3.00 and set an “outperform” rating for the company in a research note on Friday, March 21st.

Enterprise Group Trading Up 11.0 %

Shares of Enterprise Group stock opened at C$1.31 on Tuesday. The stock has a market capitalization of C$100.87 million, a PE ratio of 12.76 and a beta of 1.18. Enterprise Group has a 52 week low of C$1.06 and a 52 week high of C$2.69. The stock has a 50 day moving average price of C$1.86 and a two-hundred day moving average price of C$2.02. The company has a debt-to-equity ratio of 51.73, a quick ratio of 3.18 and a current ratio of 3.85.

Enterprise Group Company Profile

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.