Encavis AG (ETR:CAP) Receives €7.32 Consensus Price Target from Brokerages
Encavis AG (ETR:CAP) has been assigned a consensus rating of “Buy” from the six brokerages that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is €7.32 ($8.51).
Several analysts recently weighed in on CAP shares. DZ Bank reiterated a “buy” rating on shares of Encavis in a report on Wednesday, August 28th. Berenberg Bank set a €7.70 ($8.95) price objective 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 research report on Monday, June 3rd.
Shares of CAP traded up €0.04 ($0.05) during mid-day trading on Friday, hitting €7.96 ($9.26). 294,804 shares of the company’s stock traded hands, compared to its average volume of 216,837. The company has a quick ratio of 0.89, a current ratio of 1.16 and a debt-to-equity ratio of 249.83. The firm has a market capitalization of $1.03 billion and a P/E ratio of 159.20. The business’s 50-day moving average price is €7.69 and its 200-day moving average price is €6.78. Encavis has a 1 year low of €4.98 ($5.79) and a 1 year high of €8.58 ($9.98).
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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