There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Enbridge (ENB – Research Report) and Fluence Energy (FLNC – Research Report) with bullish sentiments.
In a report issued on February 13, Robert Kwan from RBC Capital maintained a Buy rating on Enbridge, with a price target of C$65.00. The company’s shares closed last Wednesday at $39.51.
Kwan has an average return of 11.6% when recommending Enbridge.
According to TipRanks.com, Kwan is ranked #120 out of 8346 analysts.
Enbridge has an analyst consensus of Hold, with a price target consensus of $44.71.
See the top stocks recommended by analysts >>
Fluence Energy (FLNC)
RBC Capital analyst Shelby Tucker maintained a Buy rating on Fluence Energy on February 13 and set a price target of $26.00. The company’s shares closed last Wednesday at $23.25, close to its 52-week high of $24.93.
According to TipRanks.com, Tucker is a top 100 analyst with an average return of 11.2% and a 70.7% success rate. Tucker covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Public Service Enterprise, and American Electric Power.
Fluence Energy has an analyst consensus of Moderate Buy, with a price target consensus of $25.10, representing a 12.8% upside. In a report issued on February 9, Evercore ISI also maintained a Buy rating on the stock with a $31.00 price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on ENB: