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

Enterprise Group (TSE:E) received a C$2.30 price objective from equities researchers at Fundamental Research in a research note issued on Tuesday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Fundamental Research’s price objective would suggest a potential upside of 79.69% from the stock’s current price.

Several other equities analysts also recently issued reports on the company. Raymond James reduced their price objective on Enterprise Group from C$3.75 to C$3.00 and set an “outperform” rating for the company in a research report on Friday, March 21st. Acumen Capital decreased their price target on Enterprise Group from C$2.80 to C$2.40 and set a “buy” rating for the company in a research report on Friday, March 21st.

Enterprise Group Stock Up 1.6 %

TSE E traded up C$0.02 during trading hours on Tuesday, reaching C$1.28. 112,123 shares of the company traded hands, compared to its average volume of 491,031. The company has a current ratio of 3.85, a quick ratio of 3.18 and a debt-to-equity ratio of 51.73. The stock has a market capitalization of C$98.56 million, a PE ratio of 12.47 and a beta of 1.18. Enterprise Group has a 12 month low of C$1.08 and a 12 month high of C$2.69. The company has a 50 day moving average of C$1.80 and a two-hundred day moving average of C$2.00.

About Enterprise Group

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.