In a report released on April 25, Robert Kwan from RBC Capital maintained a Buy rating on Enbridge (ENB – Research Report), with a price target of C$54.00. The company’s shares closed yesterday at $35.82.
According to TipRanks, Kwan is a 5-star analyst with an average return of 10.3% and a 66.53% success rate.
In addition to RBC Capital, Enbridge also received a Buy from Jefferies’s Anthony Linton in a report issued on April 17. However, on April 25, Stifel Nicolaus maintained a Hold rating on Enbridge (NYSE: ENB).
The company has a one-year high of $37.42 and a one-year low of $29.84. Currently, Enbridge has an average volume of 5.89M.
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Enbridge (ENB) Company Description:
Enbridge, Inc. is a Canadian energy infrastructure company that transports crude and other liquid hydrocarbons. The pipeline giant is also engaged in renewable power generation, gas distribution and storage as well as energy marketing services.
Read More on ENB:
- Enbridge Maintains Dividend Payouts for Shareholders
- Enbridge Inc. Declares Quarterly Dividends
- Enbridge completes sale of interests in Alliance Pipeline and Aux Sable
- Enbridge, MPLX to form JV to connect Permian Basin gas supply to USGC demand
- Enbridge to Enter into JV Connecting Permian Basin Natural Gas Supply to Growing LNG and USGC Demand
