Enbridge (ENB) Trading Near 52-Week High With 26% Upside Target
Published on · Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowEnbridge (ENB) is currently trading at $55.94, 11% below its 52-week high of $58.45. Analysts from 24/7 Wall St. have set a price target of $70.51, suggesting a potential upside of 26.04%. Year-to-date, shares have increased by 20.09%, with a 26.61% rise over the past year. Enbridge boasts a $40 billion secured backlog and 31 consecutive years of dividend hikes, yielding 6.9% for investors, although it faces risks including a debt-to-EBITDA ratio of 5.0x.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
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