Press coverage about Enbridge (NYSE:ENB) (TSE:ENB) has been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Enbridge earned a coverage optimism score of 0.15 on Accern’s scale. Accern also gave press coverage about the pipeline company an impact score of 45.2895012638388 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Here are some of the media headlines that may have effected Accern Sentiment Analysis’s rankings:

Enbridge (ENB) traded up $0.08 during mid-day trading on Friday, reaching $31.54. The company’s stock had a trading volume of 10,581,692 shares, compared to its average volume of 3,097,543. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.63 and a quick ratio of 0.53. The company has a market capitalization of $53,330.68, a PE ratio of 22.69, a price-to-earnings-growth ratio of 2.28 and a beta of 0.66. Enbridge has a 12 month low of $30.63 and a 12 month high of $42.92.

Enbridge (NYSE:ENB) (TSE:ENB) last posted its earnings results on Friday, February 16th. The pipeline company reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.06. The company had revenue of $10.15 billion for the quarter, compared to analysts’ expectations of $9.39 billion. Enbridge had a return on equity of 5.47% and a net margin of 6.56%. analysts predict that Enbridge will post 1.77 EPS for the current fiscal year.

A number of equities analysts have commented on ENB shares. Morgan Stanley decreased their price objective on shares of Enbridge from $43.00 to $41.00 and set an “equal weight” rating for the company in a report on Friday, November 17th. Canaccord Genuity reaffirmed a “buy” rating and issued a $54.00 price objective on shares of Enbridge in a report on Thursday, November 30th. Zacks Investment Research raised shares of Enbridge from a “sell” rating to a “hold” rating in a report on Monday, December 4th. Finally, Bank of America started coverage on shares of Enbridge in a report on Tuesday, January 9th. They issued a “neutral” rating for the company. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $45.00.

In other Enbridge news, Director Michael E. J. Phelps sold 18,054 shares of the firm’s stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $34.00, for a total value of $613,836.00. Following the sale, the director now directly owns 56,245 shares in the company, valued at $1,912,330. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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About Enbridge

Enbridge Inc is a Canada-based energy transportation and distribution company. The Company is engaged in delivering energy. It operates through five segments: Liquids Pipelines, Gas Distribution, Gas Pipelines and Processing, Green Power and Transmission, and Energy Services. Liquids Pipelines consists of common carrier and contract crude oil, natural gas liquids (NGL), and refined products pipelines and terminals, including Canadian Mainline, Lakehead Pipeline System, Mid-Continent and Gulf Coast and Regional Oil Sands System.

Insider Buying and Selling by Quarter for Enbridge (NYSE:ENB)

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