Enbridge Income Fund Holdings Inc (TSE:ENF) had its price objective decreased by National Bank Financial from C$38.00 to C$35.00 in a research report sent to investors on Friday, November 3rd. National Bank Financial currently has a sector perform rating on the stock.
A number of other research firms have also recently weighed in on ENF. BMO Capital Markets cut their price objective on shares of Enbridgeome Fund Holdings from C$35.00 to C$34.00 in a report on Friday, November 3rd. CIBC decreased their target price on shares of Enbridgeome Fund Holdings from C$38.00 to C$35.00 in a report on Tuesday, October 17th. Royal Bank Of Canada reduced 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 note on Friday, November 3rd. Finally, TD Securities increased their price objective on shares of Enbridgeome Fund Holdings from C$37.00 to C$38.00 and gave the company a buy rating in a research report on Friday, August 4th. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company has an average rating of Hold and an average price target of C$35.00.
Shares of Enbridgeome Fund Holdings (TSE ENF) opened at C$29.72 on Friday. Enbridgeome Fund Holdings has a one year low of C$27.93 and a one year high of C$36.31.
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The company also recently declared a monthly dividend, which was paid on Monday, October 16th. Shareholders of record on Monday, October 2nd were paid a dividend of $0.171 per share. The ex-dividend date of this dividend was Friday, September 29th. This represents a $2.05 annualized dividend and a dividend yield of 6.90%. Enbridgeome Fund Holdings’s dividend payout ratio is currently 95.09%.
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.
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