TSX:ENBOil and Gas
Is Enbridge (TSX:ENB) Fully Priced After A 121% 5 Year Return?
Enbridge stock has delivered a strong 120.9% return over the past 5 years, and with the current valuation checks pointing to an about right pricing rather than a clear bargain, investors are weighing how much upside is left at around $78.36 a share.
A 120.9% total return over 5 years suggests Enbridge has already rewarded patient shareholders, so fresh buyers may be more sensitive to what they are paying today.
For a large pipeline and energy infrastructure business, expectations around...