Enterprise Group (TSE:E) Given a C$2.75 Price Target by Fundamental Research Analysts

Enterprise Group (TSE:E) received a C$2.75 target price from investment analysts at Fundamental Research in a report released on Tuesday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Fundamental Research’s price objective would suggest a potential upside of 45.50% from the stock’s current price.

Separately, Acumen Capital set a C$2.00 price target on Enterprise Group and gave the company a “buy” rating in a research report on Monday, August 19th.

Enterprise Group Stock Performance

Shares of Enterprise Group stock opened at C$1.89 on Tuesday. Enterprise Group has a 52 week low of C$0.74 and a 52 week high of C$2.52. The company has a quick ratio of 3.18, a current ratio of 4.17 and a debt-to-equity ratio of 52.75. The business has a 50 day moving average price of C$2.10 and a 200-day moving average price of C$1.67. The company has a market cap of C$113.06 million, a PE ratio of 13.50 and a beta of 1.18.

Insiders Place Their Bets

In other news, Director John Harld Charles Pinsent sold 40,000 shares of the firm’s stock in a transaction on Wednesday, October 16th. The stock was sold at an average price of C$2.33, for a total transaction of C$93,320.00. 39.56% of the stock is currently owned by insiders.

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.