Trading at 2.2x enterprise value to cashflow, which is cheaper than earlier this year. Q1 of next year should see a material share buyback. Trading at a 30% free cashflow yield. The low valuation will be rerated. Could trade at a 5x multiple, which would be a 153% upside. (Analysts’ price target is $12.19)
Enerplus Corp is a Canadian stock, trading under the symbol ERF-T on the Toronto Stock Exchange (ERF-CT). It is usually referred to as TSX:ERF or ERF-T
In the last year, 3 stock analysts published opinions about ERF-T. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Enerplus Corp.
Enerplus Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for Enerplus Corp.
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.
3 stock analysts on Stockchase covered Enerplus Corp In the last year. It is a trending stock that is worth watching.
On 2022-08-16, Enerplus Corp (ERF-T) stock closed at a price of $18.06.