Enterprise Group (TSE:E) Given a C$2.10 Price Target at Fundamental Research

Fundamental Research set a C$2.10 target price on Enterprise Group (TSE:E) in a report issued on Tuesday morning,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

Separately, Raymond James Financial cut shares of Enterprise Group from an “outperform” rating to a “market perform” rating and decreased their price objective for the company from C$2.00 to C$1.50 in a report on Monday, March 16th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$1.80.

Enterprise Group Price Performance

TSE E opened at C$1.12 on Tuesday. Enterprise Group has a one year low of C$1.01 and a one year high of C$1.93. The stock has a 50-day moving average of C$1.25 and a 200 day moving average of C$1.32. The company has a market capitalization of C$91.55 million, a price-to-earnings ratio of 28.00 and a beta of 0.69. The company has a debt-to-equity ratio of 30.73, a quick ratio of 3.18 and a current ratio of 2.37.

Enterprise Group (TSE:E) last posted its earnings results on Thursday, March 12th. The company reported C$0.01 earnings per share (EPS) for the quarter. The business had revenue of C$10.33 million for the quarter. Enterprise Group had a net margin of 9.72% and a return on equity of 4.11%. On average, sell-side analysts forecast that Enterprise Group will post 0.203 EPS for the current year.

About Enterprise Group

Enterprise Group, Inc is a consolidator of services-including specialized equipment rental to the energy/resource sector. The Company works with particular emphasis on systems and technologies that mitigate, reduce, or eliminate CO2 and Greenhouse Gas and other harmful emissions for itself and its clients. The Company is well known to local Tier One and international resource companies with operations in Western Canada.