Brokerages Set Encavis AG (CAP) Price Target at $7.62
Shares of Encavis AG (ETR:CAP) have been assigned an average rating of “Buy” from the six research firms that are covering the company, Marketbeat reports. One analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 12-month target price among brokers that have covered the stock in the last year is €7.52 ($8.74).
Several equities research analysts recently issued reports on the company. DZ Bank reiterated a “buy” rating on shares of Encavis in a report on Wednesday. Warburg Research set a €7.20 ($8.37) price objective on Encavis and gave the company a “buy” rating in a report on Wednesday. Berenberg Bank set a €8.70 ($10.12) price objective on Encavis and gave the company a “buy” rating in a report on Monday, December 3rd. Finally, Commerzbank set a €6.20 ($7.21) price objective on Encavis and gave the company a “neutral” rating in a report on Friday, September 21st.
CAP stock opened at €5.76 ($6.70) on Wednesday. Encavis has a 12-month low of €5.85 ($6.80) and a 12-month high of €7.15 ($8.31).
Capital Stage AG, prior to change in line of business is out of business. The firm is a principal investment firm specializing in operation of solar and onshore-wind energy and parks. It does not focus on investing in Greenfield projects from scratch or take significant development or construction risk.
Further Reading: Return on Equity (ROE)
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