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.
Many analysts weighed in on price targets for ENB. The maximum price target given was 57.01, which equates to a potential upside of 38.28 percent. The most pessimistic analyst gave a price target of 41.66, implying a possible loss of 1.05 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 1.43 percent on average, compared to last month. That number becomes -11.41 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 2.53 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -13.61 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 2 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. 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.
The growth rate of ENB's earnings is estimated by analysts to be 37.53 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of ENB is 0.95.
ENB has traded between a high of 45.77 and a low of 37.37 over the past year. Today's price is 10.32 percent above the 52-week 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 stock has a market capitalization of $84.65 billion. ENB will post this quarters earnings in days, on 0000-00-00.