Encavis (CAP) Given a €7.70 Price Target by Berenberg Bank Analysts

Encavis (ETR:CAP) has been assigned a €7.70 ($8.95) target price by investment analysts at Berenberg Bank in a research report issued to clients and investors on Friday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s price objective points to a potential upside of 20.88% from the company’s current price.

A number of other brokerages have also weighed in on CAP. Oddo Bhf set a €7.70 ($8.95) price target on shares of Encavis and gave the company a “buy” rating in a research note on Tuesday, May 28th. DZ Bank reaffirmed a “buy” rating on shares of Encavis in a research note on Wednesday. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of €7.32 ($8.51).

Shares of Encavis stock opened at €6.37 ($7.41) on Friday. The stock has a market capitalization of $824.51 million and a P/E ratio of 159.25. Encavis has a twelve month low of €4.98 ($5.79) and a twelve month high of €6.72 ($7.81). The company has a debt-to-equity ratio of 233.56, a quick ratio of 1.02 and a current ratio of 1.38.

About Encavis

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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Analyst Recommendations for Encavis (ETR:CAP)

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