Shares of Encavis AG (ETR:CAP) have been given an average recommendation of “Buy” by the six ratings firms that are currently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is €7.32 ($8.51).
A number of analysts have recently weighed in on the stock. DZ Bank restated a “buy” rating on shares of Encavis in a report on Tuesday, June 4th. Berenberg Bank set a €7.70 ($8.95) target price on shares of Encavis and gave the stock a “buy” rating in a report on Friday, May 31st. Finally, Oddo Bhf set a €7.70 ($8.95) target price on shares of Encavis and gave the stock a “buy” rating in a report on Monday, June 3rd.
ETR CAP traded up €0.05 ($0.06) on Monday, reaching €7.63 ($8.87). The company had a trading volume of 399,832 shares, compared to its average volume of 216,837. The company has a quick ratio of 1.01, a current ratio of 1.33 and a debt-to-equity ratio of 251.77. The stock has a market capitalization of $988.01 million and a PE ratio of 72.67. The firm’s 50 day moving average price is €7.31 and its 200 day moving average price is €6.53. Encavis has a 12 month low of €4.98 ($5.79) and a 12 month high of €7.62 ($8.86).
Encavis AG, an independent power producer, engages in the acquisition, construction, operation, and installation of solar and onshore wind parks. It operates through PV Parks, PV Service, Wind Parks, and Asset Management segments. The company operates 173 solar parks and 67 wind parks with an installed capacity of approximately 1.9 gigawatt (GW) in Germany, Italy, France, the United Kingdom, Austria, Finland, Sweden, Denmark, and the Netherlands.
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