Enbridge Income Fund Holdings Inc (TSE:ENF) had its price target lowered by National Bank Financial from C$38.00 to C$35.00 in a report released on Friday. The firm presently has a “sector perform” rating on the stock. National Bank Financial’s price objective would suggest a potential upside of 20.48% from the company’s current price.

Several other equities research analysts also recently commented on the stock. Royal Bank Of Canada dropped their price objective on shares of Enbridgeome Fund Holdings from C$35.00 to C$33.00 and set a “sector perform” rating on the stock in a report on Friday. BMO Capital Markets dropped their price objective on shares of Enbridgeome Fund Holdings from C$35.00 to C$34.00 in a report on Friday. CIBC dropped their price objective on shares of Enbridgeome Fund Holdings from C$38.00 to C$35.00 in a report on Tuesday, October 17th. Finally, TD Securities upped their price objective on shares of Enbridgeome Fund Holdings from C$37.00 to C$38.00 and gave the company a “buy” rating in a report on Friday, August 4th. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Enbridgeome Fund Holdings has an average rating of “Hold” and an average target price of C$35.00.

Enbridgeome Fund Holdings (TSE:ENF) traded up C$0.07 during midday trading on Friday, reaching C$29.05. 939,644 shares of the company’s stock traded hands, 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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