- Enbridge Inc. (ENB, Financial) maintains its quarterly dividend, continuing its investor-friendly tradition.
- Analysts suggest a modest downside potential in Enbridge's current market pricing.
- GuruFocus indicates a significant downside from the current market price to the estimated GF Value.
Enbridge Inc. (ENB) has once again affirmed its commitment to shareholders by announcing a steady quarterly dividend of CAD 0.9425 per share. This payout is consistent with the company's previous dividends and is scheduled for distribution on June 1. Investors looking to benefit must be shareholders on record by May 15, which is also the ex-dividend date.
Insights from Wall Street Analysts
Analysts have set a one-year price target for Enbridge Inc (ENB, Financial) with an average of $44.32, ranging from a high of $48.26 to a low of $39.61. This average target suggests a potential downside of 2.84% from the current trading price of $45.61. Investors can explore more detailed estimates on the Enbridge Inc (ENB) Forecast page.
The consensus from 14 brokerage firms gives Enbridge Inc (ENB, Financial) an average recommendation rating of 2.6, which corresponds to a "Hold." This rating is part of a 1 to 5 scale, where 1 signifies a Strong Buy and 5 indicates a Sell.
GuruFocus Value Estimation
According to GuruFocus, the estimated GF Value for Enbridge Inc (ENB, Financial) in one year is projected to be $38.38. This reflects a substantial downside of 15.85% from the current price of $45.61. The GF Value is an important metric that evaluates what the stock should ideally trade at, considering historical trading multiples, past growth, and projected business performance. For a deeper dive into these insights, visit the Enbridge Inc (ENB) Summary page.
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