Enbridge Income Holdings (ENF) Receives a Hold from BMO Capital


Enbridge Income Holdings (TSX: ENF), the Utilities sector company was revisited yesterday, yet the Wall Street analyst remains currently on the sidelines. The company received a Hold rating from BMO Capital’s analyst Benjamin Pham, with a C$33 price target.

Pham has an average return of 9.5% when recommending Enbridge Income Holdings.

According to TipRanks.com, Pham is ranked #505 out of 4846 analysts.

Currently, the analyst consensus on Enbridge Income Holdings is a Moderate Buy with an average price target of C$36.67.

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.

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