Enbridge Income Fund Holdings Inc (TSE:ENF) had its price objective cut by equities researchers at Scotiabank from C$38.00 to C$37.00 in a research report issued to clients and investors on Friday. The brokerage presently has an “outperform” rating on the stock. Scotiabank’s price objective indicates a potential upside of 27.37% from the stock’s previous close.

ENF has been the subject of several other research reports. CIBC reduced their target price on shares of Enbridgeome Fund Holdings from C$38.00 to C$35.00 in a research note on Tuesday, October 17th. TD Securities upped their target price on shares of Enbridgeome Fund Holdings from C$37.00 to C$38.00 and gave the stock a “buy” rating in a research note on Friday, August 4th. National Bank Financial reduced their target price on shares of Enbridgeome Fund Holdings from C$38.00 to C$35.00 and set a “sector perform” rating for the company in a research note on Friday. Royal Bank Of Canada reduced their target price on shares of Enbridgeome Fund Holdings from C$35.00 to C$33.00 and set a “sector perform” rating for the company in a research note on Friday. Finally, BMO Capital Markets reduced their target price on shares of Enbridgeome Fund Holdings from C$35.00 to C$34.00 in a research note on Friday. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of C$35.00.

Enbridgeome Fund Holdings (TSE ENF) traded up C$0.07 during midday trading on Friday, hitting C$29.05. 939,644 shares of the stock traded hands, compared to its average volume of 407,826. Enbridgeome Fund Holdings has a 12-month low of C$27.93 and a 12-month high of C$36.31.

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Enbridgeome Fund Holdings Company Profile

Enbridge Income Fund Holdings Inc, through its investment in Enbridge Income Fund, holds energy infrastructure assets. The Company’s business is limited to ownership of its interest in Enbridge Income Fund (the Fund). The Fund’s objective is to pay out a high proportion of available cash in the form of dividends to shareholders.

Analyst Recommendations for Enbridgeome Fund Holdings (TSE:ENF)

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