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

Enhanced Group (NYSE:ENHA) had its price target decreased by Canaccord Genuity Group from $6.00 to $5.00 in a research report sent to investors on Monday, MarketBeat reports. Canaccord Genuity Group currently has a buy rating on the stock.

Several other equities analysts have also commented on the stock. Wall Street Zen lowered shares of Enhanced Group to a “strong sell” rating in a research report on Saturday, August 1st. Weiss Ratings upgraded shares of Enhanced Group from a “sell (e-)” rating to a “sell (e)” rating in a research note on Monday, August 3rd. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $5.00.

Enhanced Group Stock Up 0.1%

Shares of ENHA opened at $1.63 on Monday. Enhanced Group has a 12 month low of $1.51 and a 12 month high of $14.00. The firm’s fifty day simple moving average is $2.89.

Enhanced Group (NYSE:ENHA) last released its quarterly earnings results on Friday, August 14th. The company reported ($0.53) EPS 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.