Enercare Inc. (TSE:ECI) had its target price lifted by stock analysts at Royal Bank Of Canada from C$20.00 to C$21.00 in a research note issued on Friday. The firm presently has a “market perform” rating on the stock. Royal Bank Of Canada’s price target would suggest a potential upside of 17.06% from the company’s previous close.

Other equities analysts also recently issued research reports about the company. Desjardins boosted their price target on Enercare from C$20.00 to C$21.00 and gave the stock a “buy” rating in a research report on Thursday, October 6th. TD Securities upped their target price on Enercare from C$18.00 to C$20.00 and gave the company a “buy” rating in a research report on Tuesday, August 9th. National Bank Financial upped their target price on Enercare from C$18.50 to C$20.50 and gave the company an “outperform” rating in a research report on Tuesday, August 9th. RBC Capital Markets upped their target price on Enercare from C$18.00 to C$20.00 and gave the company a “sector perform” rating in a research report on Tuesday, August 9th. Finally, Scotiabank upped their target price on Enercare from C$18.00 to C$19.00 and gave the company a “sector perform” rating in a research report on Tuesday, August 9th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of C$20.50.

Analyst Recommendations for Enercare (TSE:ECI)

Shares of Enercare (TSE:ECI) opened at 17.94 on Friday. The firm has a market capitalization of $1.86 billion and a PE ratio of 29.75. Enercare has a 12-month low of $14.61 and a 12-month high of $19.76. The company’s 50-day moving average price is $19.12 and its 200-day moving average price is $17.84.

Enercare Company Profile

Enercare Inc is a Canada-based company engaged in home services and sub-metering businesses. The Company operates through two segments: Home Services and Sub-metering. Its Home Services segment is engaged in the provision of water heaters, furnaces, air conditioners and other heating, ventilation and air conditioning (HVAC) rental products, protection plans and related services.

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