In a report released today, Robert Catellier from CIBC reiterated a Buy rating on Enbridge (ENB – Research Report), with a price target of C$67.00. The company’s shares opened today at $41.75.
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Catellier covers the Energy sector, focusing on stocks such as Enbridge, TC Energy, and Pembina Pipeline. According to TipRanks, Catellier has an average return of 8.0% and a 63.29% success rate on recommended stocks.
In addition to CIBC, Enbridge also received a Buy from Raymond James’s Justin Jenkins in a report issued today. However, on the same day, Barclays maintained a Hold rating on Enbridge (NYSE: ENB).
ENB market cap is currently $90.84B and has a P/E ratio of 24.31.
Read More on ENB:
- Enbridge still sees adjusted EPS growth of 4%-6% through 2026
- Largest borrow rate increases among liquid names
- Enbridge price target raised to C$67 from C$65 at Raymond James
- Enbridge price target raised to C$67 from C$66 at TD Securities
- Enbridge price target raised to C$67 from C$63 at RBC Capital