Research Analysts Offer Predictions for Enbridge Inc's FY2017 Earnings (ENB)

TD Securities lowered their price objective on shares of Enbridge from C$62.00 to C$61.00 and set a "buy" rating for the company in a research report on Thursday, December 14th. The institutional investor held 2.69M shares of the natural gas distribution company at the end of 2017Q3, valued at $112.38M, up from 2.67M at the end of the previous reported quarter. Sabal Trust Co who had been investing in Enbridge Inc for a number of months, seems to be bullish on the $66.44 billion market cap company. 1,864,376 shares of the company traded hands, compared to its average volume of 2,110,352. After having $0.39 EPS previously, Enbridge Inc.'s analysts see 12.82% EPS growth. It has underperformed by 17.10% the S&P500. The Oklahoma-based Prescott Group Capital Management L.L.C. has invested 0.16% in the stock. The stock increased 1.79% or $5.8695 during the last trading session, reaching $333.9895. About 24.75 million shares traded. Nexus Investment Management Inc acquired 61,751 shares as Enbridge Inc (ENB)'s stock declined 5.78%. It has outperformed by 45.78% the S&P500.

Among 15 analysts covering Enbridge Inc. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. Therefore 73% are positive. Enbridge Inc. had 22 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was downgraded by National Bank Canada on Monday, July 18 to "Sector Perform". Morgan Stanley dropped their price objective on Enbridge from $43.00 to $41.00 and set an "equal weight" rating on the stock in a research note on Friday, November 17th. Wolfe Research maintained Enbridge Inc. (NYSE:ENB) on Friday, October 23 with "Outperform" rating. Spectrum Management Group Inc. acquired a new position in Enbridge during the 3rd quarter worth $113,000. The rating was downgraded by Credit Suisse to "Neutral" on Thursday, February 4. The rating was initiated by JP Morgan with "Overweight" on Tuesday, December 15. Canaccord Genuity restated a "buy" rating and set a $54.00 price target on shares of Enbridge in a research report on Thursday, November 30th. (NYSE:ENB) earned "Neutral" rating by Goldman Sachs on Wednesday, July 20. Therefore 40% are positive. Boeing had 88 analyst reports since August 26, 2015 according to SRatingsIntel. The company presently has an average rating of "Buy" and an average target price of C$60.47. Zacks Investment Research lowered Enbridge from a "hold" rating to a "sell" rating in a research note on Tuesday, October 31st. On Thursday, September 1 the stock rating was initiated by Bank of America with "Neutral". The firm owned 3,523,189 shares of the pipeline company's stock after purchasing an additional 879,800 shares during the quarter. (NASDAQ:AAPL) earned "Hold" rating by Deutsche Bank on Monday, January 11. It is down 0.00% since January 12, 2017 and is. Its down 0.05, from 0.86 in 2017Q2.

Stephens Initiates Coverage on Patterson-UTI Energy (PTEN)
The stock of Patterson-UTI Energy, Inc. (NYSE:HBM) earned "Underweight" rating by Barclays Capital on Thursday, January 14. The company has grown sales at a -18.60% annual rate over the past five years, putting it in the low growth category.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Riverpark Management Limited Com accumulated 3.51% or 175,050 shares. Birmingham Mgmt Al owns 6,639 shares or 0.41% of their United States portfolio. Advsr Cap Limited Co holds 7,799 shares or 0.16% of its portfolio. The New York-based Integral Derivatives Ltd has invested 0.03% in The Boeing Company (NYSE:BA). The company has market cap of $318.55 million. (NASDAQ:AAPL). Stearns Finance Ser Grp owns 25,311 shares or 0.98% of their USA portfolio. Koshinski Asset holds 0.95% in The Boeing Company (NYSE:BA) or 11,404 shares. Cedar Hill Assocs Ltd owns 92,241 shares. Maple Capital Mgmt reported 1,940 shares. Plancorp Ltd Liability Corporation has invested 0.65% of its portfolio in Apple Inc. Cibc Ww Mkts holds 419,888 shares or 1.02% of its portfolio. Cacti Asset Mngmt Ltd Liability Company holds 4.75% or 364,182 shares. They expect $2.87 EPS, up 16.19% or $0.40 from last year's $2.47 per share. T_ENB's profit would be $926.04M giving it 22.21 P/E if the $0.56 EPS is correct.

Since July 31, 2017, it had 0 buys, and 5 selling transactions for $20.35 million activity. Srouji Johny sold 5,892 shares worth $948,612. KONDO CHRIS sold $1.01M worth of stock.

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