Buy, Sell or Hold: Enbridge (ENB-T) — Stock Predictions at Stockchase

TSE:ENB

53.85

0.88 (1.66%) 1d

Showing 1 to 15 of 1,328 entries

BUY

ENB vs. PPL He picks ENB, as it's bigger, financially stronger, better diversified, more last-mile downstream exposure. Small, but burgeoning, renewables business could drive a re-rating on the stock as ESG takes a look.

oil / gas pipelines

PAST TOP PICK

(A Top Pick May 28/20, Up 41%) The dividend is now close to 6% and they increase it annually. Yes, dull and boring, but you want to own these during corrections. Stable earnings. A top holding of his. Their pipeline network can enable LNG growth, getting natural gas to Europe and Asia. Also, they have talented engineers and infrastructure to transition to cleaner energy in coming years. Will help solve energy insecurity.

oil / gas pipelines

BUY

They report Friday. Likes it. Pays a nice yield.

oil / gas pipelines

BUY

Still likes it. Extremely well financed, good dividend, strong balance sheet, great free cashflow. Trading at a bit of a discount to competitors. Significant build out in the coming years, which should fuel returns to shareholders. Amongst the top within the group. Solid.

oil / gas pipelines

HOLD

2B shares, and an equity market value of 118B, the largest of any company he covers. Debt load is 75B. Line 5 gave them more capacity. New facility on the Gulf Coast, so volumes will increase over time.

oil / gas pipelines

PARTIAL BUY

Strong balance sheet, which signals they can sustain their dividend of 5.7%. The stock is overvalued now.

oil / gas pipelines

DON'T BUY

Utilities have done well due to defensive nature and exposure to energy. Great yield at 6%. Good price momentum, stable, but valuation is the knock at 20x earnings. Debt. Risk if investors swing away from safety toward energy producers.

oil / gas pipelines

BUY

ENB vs. TRP TRP has been under pressure about the dividend. If energy prices remain this high, then it's probably sustainable. Both are a good play right now. He prefers companies with ability to grow dividends. Energy level will continue to be high, as long as sanctions are in place and that will be for a while. TFSA is a good place to own this. Federal budget next week will probably affect the investment sector, but he can't predict how.

oil / gas pipelines

BUY

ENB and TC Energy for a TFSA? He owns both. ENB is a top energy infrastructure company that moves crude oil. TC is more focused on natural gas, plus holds utility-like assets. Both grow their dividends and are in a good place as companies wean themselves off Russia and with more infrastructure spending to come. A safe way to own energy, which is through their infrastructure.

oil / gas pipelines

BUY

Dividend is safe and they will continue growing it but at a slower pace. Has never cut dividend and has a strong balance sheet. Has a small growing renewable business as well as the gas lines and distribution business.

oil / gas pipelines

BUY

He likes it for its growth and yield, but Wall Street doesn't.

oil / gas pipelines

TOP PICK

Looking for safety. Share price will hold in even with rising interest rates, given energy fundamentals. Energy infrastructure has become increasingly important recently. Yield is 6.04%. (Analysts’ price target is $57.93)

oil / gas pipelines

PAST TOP PICK

(A Top Pick Apr 16/21, Up 29%) Pipelines are underowned. It's hard to build new ones, coveted assets. Opportunity to increase yield. Not as cheap as it was. Sell calls or take some off. Better places for fresh capital. Growth rate slowed to 3%, trades at 17x, which is fair value. Quality name.

oil / gas pipelines

TOP PICK

Company moves 62% of Canadian crude shipped to USA, and 18% of natural gas. Very strong balance sheet. USA hungry for Canadian supply energy. A lot of revenue contracted, which decreases risk. Getting premium dividend yield.

oil / gas pipelines

SELL ON STRENGTH

More of a trade. EPS is $3.08 for this year, and it pays out $3.45. Model price of $55.20, or -1%. Get out at $59. If we had a major correction, look at buying it again at $43.

oil / gas pipelines

Showing 1 to 15 of 1,328 entries

Enbridge(ENB-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 45

Neutral - Hold Signals / Votes : 8

Bearish - Sell Signals / Votes : 8

Total Signals / Votes : 61

Stockchase rating for Enbridge is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Enbridge(ENB-T) Frequently Asked Questions

What is Enbridge stock symbol?

Enbridge is a Canadian stock, trading under the symbol ENB-T on the Toronto Stock Exchange (ENB-CT). It is usually referred to as TSX:ENB or ENB-T

Is Enbridge a buy or a sell?

In the last year, 61 stock analysts published opinions about ENB-T. 45 analysts recommended to BUY the stock. 8 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Enbridge.

Is Enbridge a good investment or a top pick?

Enbridge was recommended as a Top Pick by on . Read the latest stock experts ratings for Enbridge.

Why is Enbridge stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Enbridge worth watching?

61 stock analysts on Stockchase covered Enbridge In the last year. It is a trending stock that is worth watching.

What is Enbridge stock price?

On 2022-06-24, Enbridge (ENB-T) stock closed at a price of $53.85.

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