ENTREC (ENT) Price Target Raised to C$0.25 at Canaccord Genuity

ENTREC (TSE:ENT) had its price objective lifted by Canaccord Genuity from C$0.20 to C$0.25 in a research note issued to investors on Tuesday. Canaccord Genuity’s target price suggests a potential downside of 3.85% from the stock’s current price.

Shares of ENTREC stock opened at C$0.26 on Tuesday. ENTREC has a fifty-two week low of C$0.16 and a fifty-two week high of C$0.29.

ENTREC (TSE:ENT) last announced its quarterly earnings data on Wednesday, August 8th. The company reported C($0.02) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of C($0.03) by C$0.01. The firm had revenue of C$43.92 million during the quarter. ENTREC had a negative return on equity of 30.42% and a negative net margin of 10.28%.

About ENTREC

ENTREC Corporation, together with its subsidiaries, provides heavy haul transportation and crane solutions to the oil and natural gas, construction, petrochemical, mining, and power generation industries in Canada and the United States. The company operates from 13 locations throughout western Canada, North Dakota, Colorado, and Texas with a fleet of 200 cranes, 750 multi-wheeled trailers, and 190 tractors, as well as approximately 375 lines of specialized platform trailers.

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