Enbridge Inc (TSE:ENB) – Analysts at National Bank Financial issued their Q3 2016 earnings estimates for shares of Enbridge in a research report issued to clients and investors on Wednesday. National Bank Financial analyst P. Kenny anticipates that the brokerage will post earnings of $0.49 per share for the quarter. National Bank Financial has a “Outperform” rating and a $63.00 price target on the stock.
Several other research firms have also issued reports on ENB. Scotiabank restated an “outperform” rating and issued a C$61.00 target price on shares of Enbridge in a report on Tuesday, August 2nd. TD Securities upped their price objective on shares of Enbridge from C$58.00 to C$59.00 and gave the company a “buy” rating in a report on Tuesday, August 2nd. CSFB upped their price objective on shares of Enbridge from C$54.00 to C$58.00 in a report on Monday, July 25th. Goldman Sachs Group Inc. upgraded shares of Enbridge from a “neutral” rating to a “buy” rating and upped their price objective for the company from C$56.00 to C$63.00 in a report on Thursday, September 8th. Finally, CIBC upped their price objective on shares of Enbridge from C$63.00 to C$71.00 in a report on Wednesday, September 7th. Three equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Enbridge has a consensus rating of “Buy” and an average target price of C$60.87.
Enbridge (TSE:ENB) opened at 57.80 on Friday. The company has a market cap of $54.00 billion and a PE ratio of 39.86. Enbridge has a 12-month low of $40.03 and a 12-month high of $59.19. The company’s 50-day moving average price is $56.57 and its 200-day moving average price is $53.76.
Enbridge Company Profile
Enbridge Inc (Enbridge) is an energy transportation and distribution company. The Company operates through five segments: Liquids Pipelines; Gas Distribution; Gas Pipelines, Processing and Energy Services; Sponsored Investments, and Corporate. The Company operates the crude oil and liquids transportation system in Canada and the United States.
Receive News & Ratings for Enbridge Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enbridge Inc and related companies with MarketBeat.com's FREE daily email newsletter.