Analysts have been eager to weigh in on the Conglomerates sector with new ratings on Enbridge (ENB), Pembina Pipeline (PBA) and TFI International (TFII).
Enbridge (ENB)
In a report released today, Robert Kwan from RBC Capital reiterated a Buy rating on Enbridge, with a price target of C$52.00. The company’s shares closed last Tuesday at $39.62, close to its 52-week high of $40.42.
Kwan has an average return of 12.1% when recommending Enbridge.
According to TipRanks.com, Kwan is ranked #192 out of 7545 analysts.
Enbridge has an analyst consensus of Strong Buy, with a price target consensus of $45.17, a 13.8% upside from current levels. In a report issued on May 25, Argus Research also maintained a Buy rating on the stock with a $43.00 price target.
See today’s analyst top recommended stocks >>
Pembina Pipeline (PBA)
CIBC analyst Robert Catellier maintained a Hold rating on Pembina Pipeline today and set a price target of C$39.00. The company’s shares closed last Tuesday at $32.47, close to its 52-week high of $32.73.
Catellier has an average return of 8.2% when recommending Pembina Pipeline.
According to TipRanks.com, Catellier is ranked #892 out of 7545 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Pembina Pipeline with a $34.28 average price target.
TFI International (TFII)
CIBC analyst Kevin Chiang maintained a Buy rating on TFI International today and set a price target of C$120.00. The company’s shares closed last Tuesday at $93.14, close to its 52-week high of $96.49.
According to TipRanks.com, Chiang is a 4-star analyst with an average return of 10.0% and a 61.8% success rate. Chiang covers the Industrial Goods sector, focusing on stocks such as Canadian National Railway, Andlauer Healthcare Group, and Martinrea International.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for TFI International with a $100.97 average price target, a 12.2% upside from current levels. In a report issued on May 26, National Bank also maintained a Buy rating on the stock with a C$129.00 price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
