Loop Capital Markets analyst Mark Schappel maintained a Hold rating on E2open Parent Holdings (ETWO – Research Report) today and set a price target of $3.00. The company’s shares closed yesterday at $3.01.
According to TipRanks, Schappel is a 4-star analyst with an average return of 7.5% and a 56.07% success rate. Schappel covers the Technology sector, focusing on stocks such as Pegasystems, Altair Engineering, and E2open Parent Holdings.
In addition to Loop Capital Markets, E2open Parent Holdings also received a Hold from Redburn Atlantic’s Alexander Haissl in a report issued on October 12. However, on October 11, Bank of America Securities reiterated a Sell rating on E2open Parent Holdings (NYSE: ETWO).
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ETWO market cap is currently $912.9M and has a P/E ratio of -1.45.
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E2open Parent Holdings (ETWO) Company Description:
E2open is a leading provider of cloud-based supply-chain management software. Its Software as a Service (SaaS) platform covers several strategic and operational areas, such as demand sensing, supply planning, global trade management, transportation and logistics, and production and supply management. E2open primarily generates revenue from the sale of software subscriptions and professional services.
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