Eplus (PLUS) Gets a Hold Rating from Berenberg Bank

By Carrie Williams

In a report released today, Brett Knoblauch from Berenberg Bank maintained a Hold rating on Eplus (PLUSResearch Report), with a price target of $83. The company’s shares closed last Monday at $78.44.

According to TipRanks.com, Knoblauch is ranked #2721 out of 5234 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Eplus with a $78 average price target.

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Eplus’ market cap is currently $1.06B and has a P/E ratio of 16.55. The company has a Price to Book ratio of 2.47.

Based on the recent corporate insider activity of 49 insiders, corporate insider sentiment is negative on the stock.

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ePlus, Inc. is a holding company, which engages in the provision of information technology (IT) and consulting solutions for commercial, state and local governments, and government contractors. It operates through the Technology and Financing segments.