Enbridge Inc (ENB) Director Gregory Lorne Ebel Sells 25,820 Shares
Enbridge Inc (TSE:ENB) (NYSE:ENB) Director Gregory Lorne Ebel sold 25,820 shares of Enbridge stock in a transaction that occurred on Thursday, October 19th. The shares were sold at an average price of C$41.49, for a total value of C$1,071,271.80.
Enbridge Inc (TSE:ENB) traded down 0.48% during midday trading on Monday, hitting $49.38. The company had a trading volume of 1,728,659 shares. Enbridge Inc has a 52 week low of $48.98 and a 52 week high of $59.17. The company has a market capitalization of $81.27 billion and a P/E ratio of 31.88. The stock has a 50 day moving average price of $50.91 and a 200 day moving average price of $52.42.
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Several equities research analysts recently weighed in on the company. TD Securities lifted their price target on Enbridge from C$62.00 to C$64.00 and gave the company a “buy” rating in a research report on Tuesday, August 8th. CIBC dropped their price target on Enbridge from C$71.00 to C$69.00 in a research report on Tuesday, October 17th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of C$64.78.
Enbridge Company Profile
Enbridge Inc is a Canada-based energy transportation and distribution company. The Company is engaged in delivering energy. It operates through five segments: Liquids Pipelines, Gas Distribution, Gas Pipelines and Processing, Green Power and Transmission, and Energy Services. Liquids Pipelines consists of common carrier and contract crude oil, natural gas liquids (NGL), and refined products pipelines and terminals, including Canadian Mainline, Lakehead Pipeline System, Mid-Continent and Gulf Coast and Regional Oil Sands System.
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