Is Selling Enercare Inc. Here a Winning Strategy?

 Is Selling Enercare Inc. Here a Winning Strategy?

The stock of Enercare Inc. (TSE:ECI) is a huge mover today! About 218,457 shares traded hands. Enercare Inc. (TSE:ECI) has risen 11.42% since April 18, 2016 and is uptrending. It has outperformed by 6.86% the S&P500.
The move comes after 5 months negative chart setup for the $1.87 billion company. It was reported on Nov, 22 by We have $17.16 PT which if reached, will make TSE:ECI worth $74.80M less.

Enercare Inc. (TSE:ECI) Ratings Coverage

Out of 4 analysts covering Enercare Inc (TSE:ECI), 1 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 25% are positive. $21.50 is the highest target while $15.75 is the lowest. The $20.63 average target is 15.44% above today’s ($17.87) stock price. Enercare Inc has been the topic of 9 analyst reports since August 11, 2015 according to StockzIntelligence Inc. RBC Capital Markets maintained it with “Sector Perform” rating and $18 target price in Friday, June 10 report. On Tuesday, August 11 the stock rating was maintained by Desjardins Securities with “Buy”. Desjardins Securities initiated it with “Buy” rating and $19 target price in Friday, July 15 report. The rating was downgraded by TD Securities on Friday, November 11 to “Hold”.

More recent Enercare Inc. (TSE:ECI) news were published by: which released: “Enercare Connections and North Edge Properties Agree to Sub-Metering Services …” on November 22, 2016. Also published the news titled: “EnerCare Inc. Appoints Additional Director” on October 27, 2014.‘s news article titled: “EnerCare Completes Acquisition of Direct Energy’s Home and Small Commercial …” with publication date: October 20, 2014 was also an interesting one.

Enercare Inc. is a Canada-based company engaged in home services and sub-metering businesses. The company has a market cap of $1.87 billion. The Firm operates through two divisions: Home Services and Sub-metering. It has a 30.78 P/E ratio. The Company’s Home Services segment is engaged in the provision of water heaters, furnaces, air conditioners and other heating, ventilation and air conditioning rental products, protection plans and related services.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment