EnerNOC Inc. (NASDAQ:ENOC)‘s stock had its “equal weight” rating reiterated by equities research analysts at Morgan Stanley in a note issued to investors on Tuesday.

Other equities analysts also recently issued research reports about the company. Needham & Company LLC reiterated a “buy” rating on shares of EnerNOC in a research note on Sunday, June 26th. Credit Suisse Group AG downgraded EnerNOC from an “outperform” rating to a “neutral” rating and cut their price target for the company from $10.00 to $8.00 in a research note on Tuesday, August 2nd. Zacks Investment Research downgraded EnerNOC from a “buy” rating to a “hold” rating in a research note on Wednesday, July 6th. Finally, Canaccord Genuity reiterated a “hold” rating and set a $8.50 price target on shares of EnerNOC in a research note on Friday, June 24th. Five investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $11.21.

Analyst Recommendations for EnerNOC (NASDAQ:ENOC)

Shares of EnerNOC (NASDAQ:ENOC) remained flat at $5.34 during trading on Tuesday. The company had a trading volume of 149,709 shares. The firm has a 50 day moving average of $5.50 and a 200 day moving average of $6.48. The firm’s market capitalization is $154.76 million. EnerNOC has a 52-week low of $2.92 and a 52-week high of $9.73.

Several institutional investors have recently made changes to their positions in ENOC. Schwab Charles Investment Management Inc. increased its position in EnerNOC by 1.4% in the second quarter. Schwab Charles Investment Management Inc. now owns 91,313 shares of the company’s stock valued at $578,000 after buying an additional 1,302 shares during the last quarter. Raymond James & Associates increased its position in EnerNOC by 2.5% in the second quarter. Raymond James & Associates now owns 56,465 shares of the company’s stock valued at $357,000 after buying an additional 1,379 shares during the last quarter. Bank of New York Mellon Corp increased its position in EnerNOC by 2.6% in the second quarter. Bank of New York Mellon Corp now owns 145,594 shares of the company’s stock valued at $921,000 after buying an additional 3,655 shares during the last quarter. Menta Capital LLC increased its position in EnerNOC by 25.3% in the first quarter. Menta Capital LLC now owns 29,200 shares of the company’s stock valued at $218,000 after buying an additional 5,900 shares during the last quarter. Finally, Smith Asset Management Group LP increased its position in EnerNOC by 69.5% in the second quarter. Smith Asset Management Group LP now owns 19,510 shares of the company’s stock valued at $123,000 after buying an additional 8,000 shares during the last quarter. Hedge funds and other institutional investors own 49.14% of the company’s stock.

About EnerNOC

EnerNOC, Inc is a provider of energy intelligence software (EIS) and demand response solutions. The Company’s EIS provides enterprise solutions, utility solutions and energy procurement solutions. The Company’s EIS offers enterprise customers with a Software-as-a-Service (SaaS) solutions with various areas of functionalities, including energy cost visualization, budgets, forecasts and accruals; project tracking, and demand management.

5 Day Chart for NASDAQ:ENOC

Receive News & Stock Ratings for EnerNOC Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EnerNOC Inc. and related stocks with our FREE daily email newsletter.