Enbridgeome Fund Holdings’ (ENF) Outperform Rating Reaffirmed at Scotiabank
Scotiabank reiterated their outperform rating on shares of Enbridge Income Fund Holdings Inc (TSE:ENF) in a research note published on Friday morning. The brokerage currently has a C$37.00 price target on the stock.
A number of other brokerages also recently weighed in on ENF. TD Securities reaffirmed a buy rating and issued a C$37.00 target price on shares of Enbridgeome Fund Holdings in a research note on Friday. BMO Capital Markets lowered their target price on shares of Enbridgeome Fund Holdings from C$37.00 to C$36.00 and set an outperform rating on the stock in a research note on Tuesday, August 2nd. AltaCorp Capital downgraded shares of Enbridgeome Fund Holdings from an outperform rating to a sector perform rating in a research note on Friday, July 29th. National Bank Financial downgraded shares of Enbridgeome Fund Holdings from an outperform rating to a sector perform rating and lifted their price target for the stock from C$34.00 to C$36.00 in a research note on Monday, July 18th. Finally, CSFB lifted their price target on shares of Enbridgeome Fund Holdings from C$32.00 to C$34.00 in a research note on Monday, July 25th. Seven analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company has a consensus rating of Hold and an average price target of C$35.05.
Shares of Enbridgeome Fund Holdings (TSE:ENF) opened at 34.00 on Friday. The stock has a 50 day moving average of $32.70 and a 200-day moving average of $31.22. The company has a market capitalization of $4.20 billion and a price-to-earnings ratio of 16.82. Enbridgeome Fund Holdings has a 1-year low of $24.32 and a 1-year high of $35.27.
Enbridgeome Fund Holdings Company Profile
Enbridge Income Fund Holdings Inc, through its investment in Enbridge Income Fund, holds energy infrastructure assets. The Company’s business is limited to ownership of its interest in Enbridge Income Fund (the Fund). The Fund’s objective is to pay out a high proportion of available cash in the form of dividends to shareholders.
Receive News & Stock Ratings for Enbridge Income Fund Holdings Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enbridge Income Fund Holdings Inc and related stocks with our FREE daily email newsletter.