Enterprise Group (TSE:E) Given New C$2.40 Price Target at Acumen Capital

Enterprise Group (TSE:E) had its price objective decreased by Acumen Capital from C$2.80 to C$2.40 in a research note issued to investors on Friday,BayStreet.CA reports. Acumen Capital currently has a buy rating on the stock.

Several other research firms have also weighed in on E. Fundamental Research set a C$2.75 price target on Enterprise Group and gave the stock a “buy” rating in a research report on Tuesday, December 10th. Raymond James dropped 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 report on Friday.

Enterprise Group Trading Down 5.7 %

Shares of TSE:E opened at C$1.32 on Friday. The stock has a market capitalization of C$101.64 million, a PE ratio of 12.86 and a beta of 1.18. The company’s 50-day moving average price is C$2.16 and its two-hundred day moving average price is C$2.07. The company has a debt-to-equity ratio of 51.73, a current ratio of 3.85 and a quick ratio of 3.18. Enterprise Group has a one year low of C$0.84 and a one year high of C$2.69.

Enterprise Group Company Profile

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.