Enterprise Group (TSE:E) Given New C$3.00 Price Target at Raymond James

Enterprise Group (TSE:E) had its price target reduced by Raymond James from C$3.75 to C$3.00 in a report published on Friday,BayStreet.CA reports. They currently have an outperform rating on the stock.

Separately, Fundamental Research set a C$2.75 price target on shares of Enterprise Group and gave the stock a “buy” rating in a research note on Tuesday, December 10th.

Enterprise Group Stock Down 5.7 %

TSE:E opened at C$1.32 on Friday. Enterprise Group has a 1-year low of C$0.84 and a 1-year high of C$2.69. The company has a market capitalization of C$101.64 million, a PE ratio of 12.86 and a beta of 1.18. The firm’s 50-day moving average price is C$2.16 and its 200-day moving average price is C$2.06. 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 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.