Enbridge Inc's fundamentals are relatively stable, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 46 out of 97 in the Oil & Gas Related Equipment and Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 69.22.In the medium term, the stock price is expected to remain stable.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Enbridge Inc is 6.78, ranking 70 out of 97 in the Oil & Gas Related Equipment and Services industry. Its financial status is weak, and its operating efficiency is average. Its latest quarterly revenue reached 10.42B, representing a year-over-year decrease of 2.59%, while its net profit experienced a year-over-year decrease of 47.62%.
Key Metrics
The current valuation score of Enbridge Inc is 7.14, ranking 65 out of 97 in the Oil & Gas Related Equipment and Services industry. Its current P/E ratio is 27.26, which is 67.82% below the recent high of 45.75 and 42.98% above the recent low of 15.54.
The current earnings forecast score of Enbridge Inc is 6.67, ranking 67 out of 97 in the Oil & Gas Related Equipment and Services industry. The average price target is 70.00, with a high of 72.00 and a low of 63.37.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Enbridge Inc is 9.38, ranking 37 out of 97 in the Oil & Gas Related Equipment and Services industry. Currently, the stock price is trading between the resistance level at 52.41 and the support level at 46.78, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Oil & Gas Related Equipment and Services domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Enbridge Inc is 9.83, ranking 6 out of 97 in the Oil & Gas Related Equipment and Services industry. The company's beta value is 0.86. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. with an industry-leading ESG disclosure.
