Encavis (ETR:CAP) Receives “Buy” Rating from DZ Bank

DZ Bank reissued their buy rating on shares of Encavis (ETR:CAP) in a research note published on Friday morning, Borsen Zeitung reports.

Other equities analysts have also issued research reports about the stock. Jefferies Financial Group set a €10.00 ($11.63) price target on shares of Encavis and gave the stock a neutral rating in a research report on Thursday, December 12th. Berenberg Bank set a €9.25 ($10.76) price target on shares of Encavis and gave the stock a neutral rating in a research report on Wednesday, December 18th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Encavis currently has a consensus rating of Buy and a consensus target price of €8.69 ($10.10).

Shares of ETR:CAP remained flat at $€10.00 ($11.63) during trading on Friday. 380,232 shares of the stock were exchanged, compared to its average volume of 216,837. Encavis has a twelve month low of €5.54 ($6.44) and a twelve month high of €9.75 ($11.34). The company has a current ratio of 2.08, a quick ratio of 1.71 and a debt-to-equity ratio of 239.26. The firm’s fifty day moving average is €9.23 and its two-hundred day moving average is €8.31. The firm has a market cap of $1.31 billion and a PE ratio of 322.58.

About Encavis

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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Analyst Recommendations for Encavis (ETR:CAP)

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