Jefferies analyst Anthony Linton maintained a Buy rating on Enbridge (ENB – Research Report) on July 28 and set a price target of C$55.00. The company’s shares closed yesterday at $36.68.
According to TipRanks, Linton is a 4-star analyst with an average return of 11.1% and a 70.21% success rate. Linton covers the Energy sector, focusing on stocks such as Enbridge, Pembina Pipeline, and Whitecap Resources.
Currently, the analyst consensus on Enbridge is a Moderate Buy with an average price target of $38.60, a 5.23% upside from current levels. In a report released on July 15, CIBC also maintained a Buy rating on the stock with a C$59.00 price target.
The company has a one-year high of $38.37 and a one-year low of $31.03. Currently, Enbridge has an average volume of 4.93M.
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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.
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