Analyst Ratings for Enbridge Inc. (ENB)Updated: 2017-07-28
Shares of Enbridge Inc. (NYSE:ENB) have received a consensus rating of Overweight from Wall Street analysts. Last month, ENB received an average rating of Overweight.
10 analysts declared ENB a buy, 1 issued an overweight rating, 8 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.
ENB was given price targets by several analysts. The highest price target was 57.01, which equates to a potential upside of 38.28 percent. The most pessimistic analyst gave a price target of 41.66, which equates to a potential downside of 1.05 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 1.43 percent. That number becomes -11.41 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 2.53 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -13.61 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 2 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of ENB to grow at a rate of 37.53 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. ENB has a PEG ratio of 0.95.
ENB has traded between a high of 45.77 and a low of 37.37 over the past year. Currently the stock is 10.32 percent higher than its low, and 9.93 percent below the high. ENB has a price/earnings ratio of 35.84. Investors typically compare the P/E ratio to a company's peers in the industry. The ENB value stock report compares ENB to some of its peers using value stock charts. The market cap of ENB is $84.65 billion. ENB will post this quarters earnings in days, on 0000-00-00.