Enbridge Income Fund Holdings Inc (TSE:ENF) had its target price lowered by investment analysts at BMO Capital Markets from C$35.00 to C$34.00 in a research note issued to investors on Friday. BMO Capital Markets’ price objective points to a potential upside of 17.04% from the company’s previous close.

Several other research firms have also recently weighed in on ENF. CIBC reduced their price objective on Enbridgeome Fund Holdings from C$38.00 to C$35.00 in a research report on Tuesday, October 17th. TD Securities upped their target price on Enbridgeome Fund Holdings from C$37.00 to C$38.00 and gave the stock a “buy” rating in a report on Friday, August 4th. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Enbridgeome Fund Holdings currently has an average rating of “Hold” and a consensus price target of C$35.00.

Enbridgeome Fund Holdings (TSE ENF) traded up C$0.07 during trading hours on Friday, reaching C$29.05. The company’s stock had a trading volume of 939,644 shares, compared to its average volume of 407,826. Enbridgeome Fund Holdings has a 1 year low of C$27.93 and a 1 year 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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