Enterprise Inns PLC (LON:ETI) Rating Reaffirmed
London: In an analyst note revealed on 8 December, Numis has decided to reaffirm their “Buy” rating on Enterprise Inns PLC (LON:ETI) shares. They now have a GBX 130.00 price target on the firm. Numis’s target may suggest a potential upside of 20.99% from the company’s previous close.
From a total of 8 analysts covering Enterprise Inns PLC (LON:ETI) stock, 4 rate it a ”Buy”, 2 a “Sell”, and 3 a ”Hold”. This means that 44% of the ratings are positive. The highest target price is GBX 150 while the lowest target price is GBX 60. The mean of all analyst targets is GBX 120.38 with a 14.16% above today’s (GBX 107.2) stock price. Enterprise Inns PLC was the topic of 26 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Barclays Capital maintained shares on November 18 with “Equal Weight” rating. Deutsche Bank maintained shares with “Buy” rating and GBX 150 target share price in a report from a November 4. Morgan Stanley maintained ETI stock in a recent report from November 17 with “Underwt/In-Line” rating. Stifel Nicolaus upgraded the rating on November 3. Stifel Nicolaus has a “Buy” rating and a GBX 129 price target on shares. Finally, Canaccord Genuity maintained the stock with “Hold” rating in a report issued on a November 17.
Approximately 326,538 shares of stock traded hands. Enterprise Inns plc (LON:ETI) has declined 19.18% since May 11, 2015 and is downtrending. It has underperformed by 18.59% the S&P500.
Enterprise Inns plc is a United Kingdom company. The company has a market cap of 542.41 million GBP. The Firm operates a leased and tenanted pub model within an overall market of approximately 57,000 pubs in the United Kingdom. It currently has negative earnings. The Firm consists of approximately 5,656 properties.