Is Enerpac Tool Group (EPAC) One of the Best Small Cap Stocks to Buy With the Highest Upside Potential?

Enerpac Tool Group Corp. (NYSE:EPAC) is one of the best small cap stocks to buy with the highest upside potential. Roth Capital cut the price target on Enerpac Tool Group Corp. (NYSE:EPAC) to $50 from $51 on July 9 and maintained a Buy rating on the shares. The firm told investors in a research note that the company is in the process of successfully executing its strong organic growth strategy, coupled with the strength of the soon-to-be-acquired S.F.E Group business. The firm added that it sees Enerpac as an excellent investment for those looking to benefit from the growing levels of global infrastructure project activity.

In a separate development, on July 8, Enerpac Tool Group Corp. announced late Tuesday its decision to acquire Specialized Fabrication Equipment Group from Gladstone Investment Corp. for ~$472M in cash. The company believes that the acquisition will expand its exposure to higher-growth geographies and end markets.

Enerpac Tool Group Corp. is involved in the provision of industrial tools, services, technology, and solutions. The company’s operations are divided into the Industrial Tools and Services and Other segments.

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