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

Fundamental Research set a C$2.30 target price on Enterprise Group (TSE:E) in a research note released on Tuesday morning,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

Several other research firms also recently commented on E. Raymond James decreased their price target on shares of Enterprise Group from C$3.75 to C$3.00 and set an “outperform” rating on the stock in a research note on Friday, March 21st. Acumen Capital reduced their target price on shares of Enterprise Group from C$2.80 to C$2.40 and set a “buy” rating on the stock in a report on Friday, March 21st.

Enterprise Group Price Performance

Shares of Enterprise Group stock opened at C$1.35 on Tuesday. The firm has a market capitalization of C$103.95 million, a PE ratio of 13.15 and a beta of 1.18. The company has a current ratio of 3.85, a quick ratio of 3.18 and a debt-to-equity ratio of 51.73. Enterprise Group has a 12 month low of C$0.84 and a 12 month high of C$2.69. The business’s 50-day moving average price is C$2.04 and its 200-day moving average price is C$2.06.

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.