Enhanced Group (NYSE:ENHA) Research Coverage Started at Cantor Fitzgerald

Cantor Fitzgerald initiated coverage on shares of Enhanced Group (NYSE:ENHA) in a research report released on Wednesday morning, Marketbeat reports. The firm issued an overweight rating and a $4.00 price objective on the stock.

ENHA has been the subject of a number of other reports. Wall Street Zen lowered shares of Enhanced Group to a “strong sell” rating in a research note on Saturday, August 1st. Canaccord Genuity Group cut their price target on shares of Enhanced Group from $6.00 to $5.00 and set a “buy” rating on the stock in a report on Monday, August 17th. Finally, Weiss Ratings raised shares of Enhanced Group from a “sell (e-)” rating to a “sell (e)” rating in a research report on Monday, August 3rd. Two investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $4.50.

Enhanced Group Trading Down 2.4%

Shares of ENHA opened at $1.44 on Wednesday. Enhanced Group has a 52 week low of $1.40 and a 52 week high of $14.00. The stock has a 50 day moving average of $2.01.

Enhanced Group (NYSE:ENHA) last released its earnings results on Friday, August 14th. The company reported ($0.53) EPS for the quarter. The firm had revenue of $17.70 million during the quarter.

About Enhanced Group

We are a blank check company incorporated in the British Virgin Islands as a business company with limited liability and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.