Raymond James Cuts Enterprise Group (TSE:E) Price Target to C$3.00

Enterprise Group (TSE:E) had its target price decreased by Raymond James from C$3.75 to C$3.00 in a report released on Friday,BayStreet.CA reports. Raymond James currently has an outperform rating on the stock. Raymond James also issued estimates for Enterprise Group’s FY2025 earnings at $0.09 EPS, FY2026 earnings at $0.15 EPS, FY2027 earnings at $0.21 EPS and FY2028 earnings at $0.24 EPS.

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

Enterprise Group Stock Performance

Enterprise Group stock opened at C$1.32 on Friday. The company has a current ratio of 3.85, a quick ratio of 3.18 and a debt-to-equity ratio of 51.73. The stock has a 50 day moving average of C$2.16 and a 200-day moving average of C$2.07. The stock has a market cap of C$101.64 million, a P/E ratio of 12.86 and a beta of 1.18. Enterprise Group has a 52 week low of C$0.84 and a 52 week high of C$2.69.

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.