Enhanced Group (NYSE:ENHA) Upgraded by Canaccord Genuity Group to Strong-Buy Rating

Canaccord Genuity Group upgraded shares of Enhanced Group (NYSE:ENHA) to a strong-buy rating in a report released on Tuesday morning,Zacks.com reports.

Separately, Weiss Ratings initiated coverage on shares of Enhanced Group in a research note on Friday, May 29th. They issued a “sell (e-)” rating for the company. One investment analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $6.00.

Enhanced Group Price Performance

Shares of NYSE:ENHA opened at $2.80 on Tuesday. Enhanced Group has a 52 week low of $2.35 and a 52 week high of $14.00.

Enhanced Group (NYSE:ENHA) last issued its quarterly earnings data on Monday, May 4th. The company reported ($0.01) EPS for the quarter.

About Enhanced Group

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.