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Enbridge Inc (ENB) [hlAlert]

Rating:
Outperform
ENB
up 100.39 %

Enbridge Inc (ENB) rated Outperform with price target $56 by RBC Capital Mkts

Posted on: Friday,  May 24, 2013  10:25 AM ET by RBC Capital Mkts

RBC Capital Mkts rated Outperform Enbridge Inc (NYSE: ENB) on 05/24/2013. Previously RBC Capital Mkts rated Outperform Enbridge Inc (NYSE: ENB) on
01/09/2008., when the stock price was $20.02. Since then, Enbridge Inc has gained 100.40% as of 01/26/2016's recent price of $40.12.
If you would have followed the previous RBC Capital Mkts's recommendation on ENB, you would have gained 100.39% of your investment in 2939 days.

Enbridge Inc. (Enbridge) is an energy delivery company that transports natural gas and crude oil, which are used to heat homes, power transportation systems, and provide fuel and feedstock for industries. Its activities are carried out through five business units: Liquids Pipelines, which includes the operation and construction of the Enbridge crude oil mainline system and feeder pipelines that transport crude oil and other liquid hydrocarbons; Gas Pipelines, which consists of the Company?s interests in natural gas pipelines, including Alliance Pipeline US, Vector Pipeline and Enbridge Offshore Pipelines; Sponsored Investments, which includes investments in Enbridge Income Fund (EIF) and Enbridge Energy Partners, L.P. (EEP), both managed by Enbridge; Gas Distribution and Services, which includes Enbridge Gas Distribution (EGD), Aux Sable and the Company?s commodity marketing businesses, and International, which includes the Company?s energy-delivery investment outside of North America.

RBC Capital Markets is an international corporate and investment bank that provides innovative solutions and a focused set of products and services to institutions, corporations, governments and high net worth clients around the world. With nearly 3,700 professional and support staff, we operate out of 75 offices in 15 countries and deliver our products and services through operations in Asia and Australasia, the UK and Europe and in every major North American city.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/24/2013 10:25 AM Buy
None
46.56 56.00
as of 12/13/2013
1 Week up  0.09 %
1 Month down  -4.03 %
3 Months up  1.37 %
1 YTD down  -4.47 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/6/2010 9:25 AM Buy
None
26.97 31.00
1/9/2008 8:25 AM Buy
None
20.02
11/8/2007 9:25 AM Hold
None
21.06 20.00

(*) Stock Price at the time of the recommendation.
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