Enbridge Income Fund Holdings Inc (TSE:ENF) had its price target lowered by TD Securities from C$38.00 to C$36.00 in a research report issued on Friday. The brokerage currently has a “buy” rating on the stock. TD Securities’ target price indicates a potential upside of 23.92% from the stock’s previous close.

A number of other research analysts also recently issued reports on the stock. Scotiabank dropped their price target on shares of Enbridgeome Fund Holdings from C$38.00 to C$37.00 and set an “outperform” rating on the stock in a research report on Friday. National Bank Financial dropped their price target on shares of Enbridgeome Fund Holdings from C$38.00 to C$35.00 and set a “sector perform” rating on the stock in a research report on Friday. Royal Bank Of Canada dropped their price target 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 research report on Friday. BMO Capital Markets dropped their price target on shares of Enbridgeome Fund Holdings from C$35.00 to C$34.00 in a research report on Friday. Finally, CIBC dropped their price target on shares of Enbridgeome Fund Holdings from C$38.00 to C$35.00 in a research report on Tuesday, October 17th. Five analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of C$35.00.

Shares of 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 were exchanged, 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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About Enbridgeome Fund Holdings

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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