Impact of Brokerage Rating on Enbridge Inc(ENB)

Many Enbridge Inc(ENB) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Enbridge Inc (USA) was Resumed by Citigroup to Neutral on Jan 18, 2017.

Enbridge Inc (USA) Last issued its quarterly earnings results on Nov 3, 2016. The company reported $0.47 EPS for the quarter, missing the analyst consensus estimate by $ -0.02. Analyst had a consensus of $0.49.Analysts expectations of $ 8049.06.During the same quarter in the previous year, the company posted $0.47 EPS.

Enbridge Inc (NYSE:ENB) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2 by 4 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. 2 Brokerage Firms have advised hold.

Enbridge Inc (NYSE:ENB): The stock price is expected to reach $ 46.62 in the short term. The number of analysts agreeing with this consensus is 3. The higher estimate for the short term price target is at $49 while the lower estimate is at $44. The standard deviation of the price stands at $2.57.

Enbridge Inc (NYSE:ENB) rose 0.16% or 0.07 points on Tuesday and made its way into the gainers of the day. After trading began at $43.18 the stock was seen hitting $43.36 as a peak level and $42.94 as the lowest level. The stock ended up at $43.25. The daily volume was measured at 2,500,861 shares. The 52-week high of the share price is $45.77 and the 52-week low is $29.63. The company has a market cap of $40,598 million.

Enbridge Inc., a Canadian company, is a leader in energy transportation and distribution in North America and internationally. As a transporter of energy, Enbridge operates, in Canada and the United States, the worlds longest crude oil and liquids pipeline system. The Company also has international operations and a growing involvement in the natural gas transmission and midstream businesses. As a distributor of energy, Enbridge owns and operates Canadas largest natural gas distribution company, and provides distribution services in Ontario, Quebec, New Brunswick and New York State.

Enbridge

For any feedback and suggestions contact author at Don.Renner@thefoundersdaily.com

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