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

Enterprise Group (TSE:E) has been assigned a C$2.30 price objective by analysts at Fundamental Research in a report issued on Tuesday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Fundamental Research’s target price indicates a potential upside of 66.67% from the company’s current price.

Several other brokerages have also commented on E. Raymond James cut 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 report on Friday, March 21st. Acumen Capital cut 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.

Enterprise Group Trading Up 2.2 %

Shares of Enterprise Group stock opened at C$1.38 on Tuesday. Enterprise Group has a fifty-two week low of C$0.86 and a fifty-two week high of C$2.69. The company has a debt-to-equity ratio of 51.73, a quick ratio of 3.18 and a current ratio of 3.85. The company has a market cap of C$106.26 million, a P/E ratio of 13.44 and a beta of 1.18. The firm has a 50-day simple moving average of C$2.03 and a two-hundred day simple moving average of C$2.05.

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.