Enbridge Income Holdings (TSX: ENF), the Utilities sector company, was revisited by a Wall Street analyst yesterday. The company received a Hold rating from Canaccord Genuity’s analyst David Galison, with a C$32 price target.
According to TipRanks.com, Galison is ranked #857 out of 4849 analysts.
Enbridge Income Holdings has an analyst consensus of Moderate Buy, with a price target consensus of C$35.50, an 8.5% upside from current levels. In a report issued on August 5, BMO Capital also reiterated a Hold rating on the stock with a C$33 price target.
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The company has a one-year high of C$33.05 and a one-year low of C$26.36. Currently, Enbridge Income Holdings has an average volume of 595.5K.
Enbridge Income Fund Holdings, Inc. operates as an close-ended investment fund, which engages in the investment in its fund. The fund’s business comprises of the transportation, storage, and generation of energy. It operates through the following business segments: Liquid Pipelines, Gas Pipelines, and Green Power.
The company’s shares closed on Friday at C$32.73, close to its 52-week high of C$33.05.
