- Ennis Inc. (EBF, Financial) expands its market position with the strategic acquisition of Northeastern Envelope.
- Analysts forecast a significant upside for Ennis Inc., with a one-year price target of $25.00.
- GuruFocus estimates indicate a potential 9.68% upside based on the GF Value.
Ennis Inc. (EBF) has strategically bolstered its envelope market presence by acquiring the Pennsylvania-based Northeastern Envelope. This acquisition is set to enhance Ennis' capabilities in both envelope converting and printing, strengthening its foothold in a key geographical area. The financial specifics of this transaction have not been disclosed.
Wall Street Analysts' Forecast
According to the one-year price targets from a single analyst, Ennis Inc. (EBF, Financial) is projected to reach an average target price of $25.00, with both the high and low estimates set at $25.00. This suggests a remarkable upside potential of 29.47% compared to its current trading value of $19.31. For more comprehensive forecast information, please visit the Ennis Inc. (EBF) Forecast page.
The consensus among one brokerage firm rates Ennis Inc. (EBF, Financial) with an average recommendation of 1.0, which signifies a "Buy" status on the scale where 1 indicates a Strong Buy, and 5 represents a Sell.
GF Value Projection
According to GuruFocus estimates, the projected GF Value for Ennis Inc. (EBF, Financial) over the next year stands at $21.18. This presents a potential upside of 9.68% from the current share price of $19.31. The GF Value is a calculated estimate of the fair value at which the stock should trade, derived from historical trading multiples, past growth trajectories, and future performance projections. For a deeper dive into Ennis Inc.'s metrics, check the Ennis Inc. (EBF) Summary page.
