Enbridge Income Fund Holdings Inc (TSE:ENF) had its target price increased by TD Securities from C$37.00 to C$38.00 in a research note published on Friday morning. The brokerage currently has a buy rating on the stock.

A number of other analysts have also recently commented on ENF. BMO Capital Markets reissued a market perform rating and issued a C$35.00 price target on shares of Enbridgeome Fund Holdings in a research report on Tuesday, April 18th. Scotiabank reissued an outperform rating and issued a C$38.00 price target on shares of Enbridgeome Fund Holdings in a research report on Wednesday, April 19th. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock currently has an average rating of Hold and a consensus target price of C$36.50.

Shares of Enbridgeome Fund Holdings (ENF) opened at 32.51 on Friday. The stock has a market capitalization of $4.76 billion and a P/E ratio of 15.22. Enbridgeome Fund Holdings has a 52 week low of $31.22 and a 52 week high of $36.31. The stock has a 50 day moving average price of $32.10 and a 200 day moving average price of $33.43.

TRADEMARK VIOLATION WARNING: “Enbridge Income Fund Holdings Inc (ENF) Given New C$38.00 Price Target at TD Securities” was first posted by Daily Political and is the sole property of of Daily Political. If you are viewing this piece of content on another domain, it was copied illegally and reposted in violation of United States and international trademark & copyright laws. The correct version of this piece of content can be accessed at https://www.dailypolitical.com/2017/08/08/enbridge-income-fund-holdings-inc-enf-given-new-c38-00-price-target-at-td-securities.html.

The company also recently disclosed a monthly dividend, which will be paid on Friday, September 15th. Investors of record on Thursday, August 31st will be issued a $0.171 dividend. The ex-dividend date of this dividend is Tuesday, August 29th. This represents a $2.05 dividend on an annualized basis and a yield of 6.31%.

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)

Receive News & Ratings for Enbridge Income Fund Holdings Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enbridge Income Fund Holdings Inc and related companies with MarketBeat.com's FREE daily email newsletter.