Argus Research Reaffirms Their Buy Rating on Enbridge (ENB)
Argus Research's Bill Selesky reaffirmed a Buy rating on Enbridge, with shares closing at C$66.63. Selesky, who covers the Energy sector, has a 6.3% average return and a 57.99% success rate. The general analyst consensus is a Moderate Buy with a $49.99 average price target, indicating a -24.97% downside. Jefferies also maintained a Buy rating with a C$73.00 price target.
In a report released yesterday, Bill Selesky from Argus Research maintained a Buy rating on Enbridge. The company’s shares closed yesterday at C$66.63.
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Selesky covers the Energy sector, focusing on stocks such as Devon Energy, Enbridge, and Kinder Morgan. According to TipRanks, Selesky has an average return of 6.3% and a 57.99% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Enbridge with a $49.99 average price target, implying a -24.97% downside from current levels. In a report released yesterday, Jefferies also maintained a Buy rating on the stock with a C$73.00 price target.
