Enhanced Group (NYSE:ENHA) Rating Increased to Strong-Buy at Canaccord Genuity Group

Enhanced Group (NYSE:ENHA) was upgraded by Canaccord Genuity Group to a “strong-buy” rating in a note issued to investors on Tuesday,Zacks.com reports.

Separately, Weiss Ratings initiated coverage on shares of Enhanced Group in a research report on Friday, May 29th. They issued a “sell (e-)” rating for the company. One analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $6.00.

Enhanced Group Price Performance

Shares of Enhanced Group stock opened at $2.80 on Tuesday. Enhanced Group has a fifty-two week low of $2.35 and a fifty-two week high of $14.00.

Enhanced Group (NYSE:ENHA) last issued its quarterly earnings data on Monday, May 4th. The company reported ($0.01) earnings per share for the quarter.

About Enhanced Group

We are a blank check company incorporated in the British Virgin Islands as a business company with limited liability and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.