Enhanced Group (NYSE:ENHA) Price Target Lowered to $5.00 at Canaccord Genuity Group

Enhanced Group (NYSE:ENHA) had its target price dropped by equities research analysts at Canaccord Genuity Group from $6.00 to $5.00 in a report released on Monday,Benzinga reports. The firm presently has a “buy” rating on the stock. Canaccord Genuity Group’s target price indicates a potential upside of 157.07% from the company’s previous close.

Several other analysts have also recently commented on the company. Wall Street Zen cut Enhanced Group to a “strong sell” rating in a research report on Saturday, August 1st. Weiss Ratings raised Enhanced Group from a “sell (e-)” rating to a “sell (e)” rating in a research report on Monday, August 3rd. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $5.00.

Enhanced Group Trading Down 0.8%

Shares of NYSE:ENHA opened at $1.95 on Monday. Enhanced Group has a 12 month low of $1.65 and a 12 month high of $14.00. The business’s 50 day moving average price is $3.03.

Enhanced Group (NYSE:ENHA) last posted its quarterly earnings data on Friday, August 14th. The company reported ($0.53) earnings per share for the quarter.

Enhanced Group Company Profile

We are a blank check company incorporated in the British Virgin Islands as a business company with limited liability and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.