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Enbridge (ENB) Receives a Buy from ATB Capital Markets

Enbridge (ENB) Receives a Buy from ATB Capital Markets

In a report released today, from ATB Capital Markets maintained a Buy rating on Enbridge, with a price target of C$67.00. The company's shares closed today at $46.74.
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In addition to ATB Capital Markets, Enbridge also received a Buy from Raymond James's Justin Jenkins in a report issued today. However, on the same day, National Bank maintained a Hold rating on Enbridge (NYSE: ENB).
Based on Enbridge's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $18.5 billion and a net profit of $2.36 billion. In comparison, last year the company earned a revenue of $11.04 billion and had a net profit of $1.51 billion
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