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Enterprise Inns Receives “Overweight” Rating from Morgan Stanley (ETI)

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Morgan Stanley reaffirmed their overweight rating on shares of Enterprise Inns (LON: ETI) in a research note issued to investors on Friday, Analyst Ratings Network reports. The firm currently has a GBX 140 ($2.11) price target on the stock.

Morgan Stanley has also taken action a number of other stocks recently. The firm initiated coverage on shares of Transocean. They issued an equal weight rating on that stock. Also, Morgan Stanley reiterated its equal weight rating on shares of Rio Tinto. Finally, Morgan Stanley reiterated its overweight rating on shares of Vodafone.

Shares of Enterprise Inns (LON: ETI) traded up 0.08% during mid-day trading on Friday, hitting GBX 124.90. Enterprise Inns has a 52 week low of GBX 54.50 and a 52 week high of GBX 125.80. The stock’s 50-day moving average is currently GBX 62.94. The company’s market cap is £623.7 million.

A number of other analysts have also recently weighed in on ETI. Analysts at Panmure Gordon reiterated a buy rating on shares of Enterprise Inns in a research note to investors on Tuesday, June 4th. They now have a GBX 123 ($1.86) price target on the stock. Separately, analysts at Deutsche Bank reiterated a buy rating on shares of Enterprise Inns in a research note to investors on Tuesday, May 14th. They now have a GBX 135 ($2.04) price target on the stock.

Five equities research analysts have rated the stock with a buy rating, Enterprise Inns currently has an average rating of Buy and a consensus price target of GBX 129.36 ($1.95).

Enterprise Inns plc is a United Kingdom-based company. The Company operates on one segment is that of leased and tenanted pub operator in the United Kingdom.Image may be NSFW.
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