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

TSE:ENB

52.28

0.02 (0.04%) 1d

Showing 1 to 15 of 1,305 entries

PAST TOP PICK

(A Top Pick Jan 06/21, Up 33%) Good year last year, with share price and Line 3. Made a quiet, strategic acquisition of an offshore oil export facility at a good price. More cashflow coming in. Dividend north of 6%. Likes it short, medium, and long term.

oil / gas pipelines

BUY

ENB vs. TRP Tough call, he owns both. Quite similar, but different. Loves infrastructure, as it's impossible to build more these days. ENB is more oily, whereas TRP is more into nat gas. Both solid, dividend growers, great cashflow. TRP is more focused on renewables. Both going in that direction. Both stocks were hammered recently for different reasons, buying opportunity.

oil / gas pipelines

BUY

ENB vs. TRP vs. PPL Mid-stream assets are strategic, critical, long-life, and attract high valuations. His preference would be ENB or PPL, on valuation and business mix. But he wouldn't quarrel with buying TRP.

oil / gas pipelines

BUY

Model price of $56.41, 14% upside. Gap between dividend and earnings is closing. Likes it. Would own it here. Yield of 6.76%.

oil / gas pipelines

COMMENT

Likes Enbridge as company is strong. Dividend yield (7%) and valuation is reasonable. Shipping more natural gas than oil. Stable earnings and is not influenced by commodity price.

oil / gas pipelines

COMMENT

In response to the price of oil question, seeing oil at $30 a barrel is doubtful and in fact oil could go higher than it is today. Enbridge has a great return given its conservative approach with a 7% dividend and the safety of owning a pipeline in the oil and gas sector.

oil / gas pipelines

PAST TOP PICK

(A Top Pick Apr 29/21, Up 20%) Great defensive name and would buy today. Dividend yield 7%. Valuation of 10x times cash flow. Paying out 2/3 of cash flow. Will stick with this company.

oil / gas pipelines

HOLD

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The pipeline stock is sensitive to interest rates, which both the Fed and the BoC have announced would go up next year. The company is also influenced by oil prices partly, and this has been a bit weak recently. Unlock Premium - Try 5i Free

oil / gas pipelines

COMMENT

It pays a dividend yield over 7%, though was recently downgraded by an analyst who cited lack of growth. Their business is pipelines, but they also heavily invest in solar energy and carbon capture to pivot to green. It hit a new high in November, but shares have recently tumbled along with the price of oil and gas. Today, they held a great investors' day. Worth buying or not?

oil / gas pipelines

BUY

A great entry point as they are not making new pipelines anymore. The mainline is not being contracted like they wanted, but he is confident they will find a solution. They could go back to a regulated return business to reduce risk. A good one to hold for dividend growth going forward.

oil / gas pipelines

PAST TOP PICK

(A Top Pick Dec 04/20, Up 22%) Underappreciated amongst its peers. Concerns over Line 5, etc. Need for the product is high, hard to believe they'd be shut off. Small dividend increase recently. Premium yield, and he doesn't see any problem maintaining it, but dividend growth might slow down. Yield is over 7%, making it a core holding in an income portfolio.

oil / gas pipelines

DON'T BUY

Export facilities in jeopardy? Not a major concern. US needs Canadian oil and gas. Longer term, oil and gas use is declining. Adoption of EVs will increase. ENB will need heavy capex to stay on top of renewables. ENB oil shipments will stay stagnant, difficult to grow dividends at a rapid pace. Capital intensive, slow growth. Yield close to 7%.

oil / gas pipelines

BUY

Selloff in mid-streams favours owning them over a producer like CVE. Producers are more commodity exposed, with risks of labour cost inflation and supply chain shortages. He prefers names like ENB, PPL, and TRP with their healthy dividends and less volatility.

oil / gas pipelines

BUY

Two negative regulatory decisions recently. Good entry point. December 7 investor day is when they'll outline growth. He expects share buybacks. Good place to be for the long-term investor who wants low volatility. Shares are worth mid-$50s, giving you 10-20% total return with the dividend.

oil / gas pipelines

BUY

He has a bias towards Canadian mid-streams right now. ENB and TRP have sold off materially. With Keystone behind TRP, it can focus on the growth ahead. Pipelines are impossible to build now. Existing value will continue to creep up.

oil / gas pipelines

Showing 1 to 15 of 1,305 entries

Enbridge(ENB-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 51

Neutral - Hold Signals / Votes : 14

Bearish - Sell Signals / Votes : 5

Total Signals / Votes : 70

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, 70 stock analysts published opinions about ENB-T. 51 analysts recommended to BUY the stock. 5 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?

70 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 2022-01-27, Enbridge (ENB-T) stock closed at a price of $52.28.

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