Enbridge Inc. (NYSE:ENB – Get Free Report) (TSE:ENB) has been given a consensus recommendation of “Hold” by the eleven ratings firms that are covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $55.20.
Several analysts have recently commented on ENB shares. Jefferies Financial Group started coverage on Enbridge in a report on Tuesday, February 27th. They set a “buy” rating on the stock. Stifel Nicolaus began coverage on Enbridge in a report on Thursday, January 18th. They issued a “hold” rating on the stock.
Check Out Our Latest Stock Analysis on Enbridge
Hedge Funds Weigh In On Enbridge
Enbridge Price Performance
Shares of ENB stock opened at $33.91 on Friday. The stock’s fifty day moving average is $35.02 and its 200-day moving average is $34.64. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.74 and a current ratio of 0.83. The stock has a market capitalization of $72.09 billion, a PE ratio of 16.15, a PEG ratio of 3.12 and a beta of 0.84. Enbridge has a 52 week low of $31.03 and a 52 week high of $40.30.
Enbridge (NYSE:ENB – Get Free Report) (TSE:ENB) last announced its earnings results on Friday, February 9th. The pipeline company reported $0.47 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.03). The business had revenue of $8.37 billion for the quarter, compared to the consensus estimate of $9.62 billion. Enbridge had a return on equity of 10.23% and a net margin of 13.97%. Equities research analysts expect that Enbridge will post 2.12 EPS for the current fiscal year.
Enbridge Company Profile
Enbridge Inc, together with its subsidiaries, operates as an energy infrastructure company. The company operates through five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. The Liquids Pipelines segment operates pipelines and related terminals to transport various grades of crude oil and other liquid hydrocarbons in Canada and the United States.
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