Encavis AG (CAP) Receives €7.58 Consensus Price Target from Analysts
Encavis AG (ETR:CAP) has received an average recommendation of “Buy” from the six brokerages that are covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is €7.58 ($8.81).
Several equities research analysts have issued reports on the stock. Berenberg Bank set a €8.50 ($9.88) price target on shares of Encavis and gave the company a “buy” rating in a research note on Tuesday, September 4th. DZ Bank reiterated a “buy” rating on shares of Encavis in a research note on Thursday, August 30th. Commerzbank set a €6.20 ($7.21) price objective on shares of Encavis and gave the stock a “neutral” rating in a research note on Friday. Finally, Oddo Bhf set a €7.70 ($8.95) price objective on shares of Encavis and gave the stock a “buy” rating in a research note on Tuesday, June 12th.
Shares of CAP stock opened at €6.04 ($7.02) on Friday. Encavis has a 1 year low of €5.85 ($6.80) and a 1 year high of €7.15 ($8.31).
Encavis AG 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. It seeks to exit its investments between five years and seven years via IPO, trade sales, secondary purchases, or buy-backs.
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