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.
Investment analysts gave a few price targets for ENB. The most optimistic price target was 57.01, implying a possible profit of 38.28 percent. The lowest price target was 41.66, implying a possible loss of 1.05 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 1.43 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -11.41 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 2.53 percent. If we look at the last 90 days instead, we find a net average change of -13.61 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of ENB to grow at a rate of 37.53 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of ENB is 0.95.
In the last 52-weeks, ENB has achieved a high of 45.77 and a low of 37.37. Today's price is 10.32 percent above the 52-week low, and 9.93 percent below the high. ENB has a P/E 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 stock has a market capitalization of $84.65 billion. ENB will post this quarters earnings in days, on 0000-00-00.