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

TSE:ENB

53.19

0.34 (0.64%) 1d

Showing 1 to 15 of 1,280 entries

TOP PICK

Undervalued. Line 3 just completed. Where prices are, capacity will be maxed out. Line 5 issue will hopefully be resolved. Recent acquisition is a great asset long-term. Enough cashflow to maintain and increase dividend. Yield is 6.35%. (Analysts’ price target is $55.34)

oil / gas pipelines

HOLD

Future as a fossil fuel company He likes it a lot. Attractively valued that pays a good dividend. Yes, it's hard to approve new pipeline, but fossil fuels will remain a part of the supply to meet energy demand. ENB's pipelines move natural gas as well as oil, and pipelines can be changed to suit demand. Oil demand will decline over time. Sovereign wealth funds have been rejecting oil producers, but not the pipelines.

oil / gas pipelines

PAST TOP PICK

(A Top Pick Jul 02/21, Up 2%) Phenomenal company. Really cheap. Scarcity value of pipelines. Key infrastructure. 6.6% yield at only 15x earnings for a blue chip company that's going much higher.

oil / gas pipelines

BUY

The debt level has improved dramatically. They are generating decent cash flow. The lines 3 and 5 issues do seem to be getting settled. A 6.5% dividend yield. The valuation is attractive. It pays a nice yield while you wait.

oil / gas pipelines

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Likely a good play on economic recovery. Thinks it is under-owned in Canada. Companies can bring back revenue growth and profitability with the oil prices. Solid 6.6% dividend. The company has done fine through many rate cycles. Unlock Premium - Try 5i Free

oil / gas pipelines

PAST TOP PICK

(A Top Pick Dec 04/20, Up 23%) Improving balance sheet and expects them to keep raising dividends, paying well over 6.5% now. It's a great buy for income investors. ENB offers capital appreciation going forward. Line 4 is progressing well.

oil / gas pipelines

BUY

Owns it for the safe 7% dividend. In energy, she owns only the pipelines. ENB can keep raising the dividend. ENB has long contracts so there's a safe income stream.

oil / gas pipelines

BUY on WEAKNESS

It's still a fine dividend play, paying over 6%. It's a safe play in your portfolio. Doesn't matter if the Canadian economy sees massive growth next year. It's pricey now, so he'll add to it now.

oil / gas pipelines

PAST TOP PICK

(A Top Pick Mar 12/20, Up 54%) It was yielding 7% at the time he bought and new projects would fuel growth. If nothing, he would earn 7%. He was early; the yield eventually hit 9%, but they will increase the dividend every year. He expects line 3 to be completed. They're the biggest pipeline company in North America. A great stock.

oil / gas pipelines

SELL ON STRENGTH

Since pipelines are hard to build, but you need pipelines, then the existing ones are more valuable. Has a lot of debt. Does not know the upside to this. It is now at $50, how high can it get? Sold ENB to buy producers instead of pipelines. Cenovus replaced ENB.

oil / gas pipelines

HOLD

The most important north-south oil infrastructure in NA. Key now is Line 3 expansion, 90% complete. Share price should grind higher once Line 3 comes online. Still noise on Line 5, and we need stronger political leadership on this. Fewer large projects on the horizon. For takeovers, they may be looking to the US or to renewables to grow that part of their portfolio. Don't give up on critical infrastructure just because of a 3-5 year relatively temporary rise in interest rates. Great long-term investment for the dividend, with just a bit of dividend growth, so keep your expectations reasonable.

oil / gas pipelines

COMMENT

Pays a 6.7% dividend. A Waiting For Godot with a wicked stepmother on the side story. ENB has been paying too large dividends, which is pressuring the company's book value in anticipation of good numbers coming from a major acquisition 5 years ago--that's Godot (full of promise, but no payoff yet). Meanwhile, Michigan wants to shut down ENB's line 5 which would wreak havok with Ontario's energy market. So far, ENB has defied Michigan. Which side will Pres. Biden come down on? Downside risk of $41 could be heavy if Michigan wins, but it could pay off by $50 if things work out for ENB.

oil / gas pipelines

PAST TOP PICK

(A Top Pick Oct 13/20, Up 33%) There was turbulence with lines 3 and 5 but in the end, they decreased the leverage, and the balance sheet is in far better shape. They are generating decent cash flow. The dividend is up. The valuation is much more reasonable than a few years ago when everyone loved pipeline stocks.

oil / gas pipelines

BUY

A great stock. Over the next little while, commodities will continue to perform well. Oil should continue at these levels or just a little lower. Should have a good couple quarters. Pipeline projects might not be approved in the future, so need to make some changes to their model shortly.

oil / gas pipelines

PAST TOP PICK

(A Top Pick Aug 04/20, Up 21%) He sold in February, though may have left some money on the table. Challenging to grow, growth pace might get cut in half. Empowered NIMBY obstructionists on both sides of the border. Put profits into opportunities that have done better.

oil / gas pipelines

Showing 1 to 15 of 1,280 entries

Enbridge(ENB-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 49

Neutral - Hold Signals / Votes : 14

Bearish - Sell Signals / Votes : 6

Total Signals / Votes : 69

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, 69 stock analysts published opinions about ENB-T. 49 analysts recommended to BUY the stock. 6 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?

69 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 2021-10-19, Enbridge (ENB-T) stock closed at a price of $53.19.

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