There’s a lot to be optimistic about in the Conglomerates sector as 1 analysts just weighed in on and Enbridge (ENB) with bullish sentiments.
Enbridge (ENB)
Tudor Pickering analyst Tudor Pickering maintained a Buy rating on Enbridge on November 24 and set a price target of C$50.00. The company’s shares closed last Wednesday at $31.82.
Enbridge has an analyst consensus of Strong Buy, with a price target consensus of $40.27, a 28.6% upside from current levels. In a report issued on November 9, Raymond James also maintained a Buy rating on the stock with a C$49.00 price target.
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