TD Securities downgraded shares of Enercare Inc. (TSE:ECI) from a buy rating to a hold rating in a research report sent to investors on Friday morning. TD Securities currently has C$20.00 target price on the stock, down from their previous target price of C$21.00.

Several other research firms also recently commented on ECI. Desjardins increased their target price on Enercare from C$20.00 to C$21.00 and gave the company a buy rating in a research report on Thursday, October 6th. Royal Bank Of Canada increased their target price on Enercare from C$20.00 to C$21.00 and gave the company a market perform rating in a research report on Friday, November 11th. National Bank Financial increased 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. Scotiabank increased their target price on Enercare from C$19.00 to C$20.00 and gave the company a sector perform rating in a research report on Friday, November 11th. Finally, RBC Capital Markets increased 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. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Enercare presently has a consensus rating of Hold and an average price target of C$20.50.

Enercare (TSE:ECI) opened at 17.85 on Friday. The firm’s 50-day moving average price is $19.08 and its 200-day moving average price is $17.85. Enercare has a one year low of $14.61 and a one year high of $19.76. The company has a market cap of $1.85 billion and a PE ratio of 29.60.

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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