Enhanced Group’s (ENHA) “Buy” Rating Reaffirmed at Canaccord Genuity Group

Enhanced Group (NYSE:ENHA)‘s stock had its “buy” rating reaffirmed by analysts at Canaccord Genuity Group in a research note issued on Tuesday,Benzinga reports.

Separately, Weiss Ratings assumed coverage on shares of Enhanced Group in a research note on Friday, May 29th. They set a “sell (e-)” rating on the stock. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $6.00.

Enhanced Group Stock Up 0.9%

ENHA traded up $0.03 during trading hours on Tuesday, hitting $3.78. 320,560 shares of the company’s stock were exchanged, compared to its average volume of 544,032. Enhanced Group has a 12-month low of $2.35 and a 12-month high of $14.00.

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

Enhanced Group Company Profile

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.