Enbridge Stock Price Prediction 2023, 2024, 2025, 2030, 2040 for long-term investment? Is Enbridge stock a good investment for long-term? Is Enbridge stock a good buy now?
If you are looking for the Enbridge Stock Price Prediction or finding the potential of the Enbridge stock, this price forecast can be helpful for you. Our Enbridge Stock Price Forecast is based on a deep technical analysis and the past performance of Enbridge Stock. Here we will try to analyze the potential of Enbridge Stock in the long term.
But before Enbridge Stock's future price forecast, let us have a look at the Enbridge Systems Company's business model and financial datiles.
About of Enbridge Inc.
Enbridge Inc. works in the energy transportation field. It engages in the transportationof energy through liquids pipeline system that spreads across globally. Through the Mainline and Express pipelines, the company transports crude every day to the U.S.A. in North America, the company also engages in gathering, transportation, processing and storage of nature gas.
Enbridge also generates energy from wind and solar power.
The company was founded on April 30, 1949 and is headquartered in Calgary, Canada.
Enbridge Company's revenue and net profit?
Enbridge Company's revenue has seen good growth year after year for the last ten years. In the year 2010, the company's total revenue was $14 billion, which has increased to $41 billion this year. Along with this, a good growth has also been seen in the net profit of the company. In the last ten years, the company's net profit has increased from $1 billion to $4.5 billion.
Enbridge Stock Price Prediction 2023
Enbridge Stock Price has been witnessing a continuous decline since last one year. This year there has also been a decline in the total revenue of the company. However, good recovery is being seen again in the last two quarters. But if we take a look at the Enbridge stock chart, by the end of the year 2023 Enbridge stock price can be seen trading between $44 to $50.
Enbridge stock price prediction 2025
Despite the increasing revenue and good net profit of the company, Enbridge stock price has not seen any significant growth in the last five years. If we talk about Enbridge stock price prediction 2025, then according to our analysis, in the year 2025, the average price of Enbridge stock can reach $55 and maximum price $62, considering the past performance of the stock.
Enbridge stock price prediction 2030
The year 2030 could be a good time for Enbridge stock. If we talk about Enbridge stock price prediction 2030, then according to market experts, in the year 2030, the average price of Enbridge stock can reach $100 and maximum price $115.
Enbridge stock price prediction 2040
Is Enbridge stock a good investment for long-term?
If we talk about Enbridge stock long term investment, then in our opinion Enbridge stock can be a good stock for long term investment. Enbridge stock's dividend yield is also above 7%. Which is very good for long term investors.
If we talk about Enbridge stock price prediction 2040, then in view of Enbridge Company's increasing revenue, Stock analysts feel that in the year 2040 Enbridge stock price can be seen around $225 to $270.
Frequently asked questions
Is a good time to buy Enbridge Stock?
Enbridge's Stock Price has been trading in the range of $40 to $60 since 2015. But due to the increasing revenue of the company, the price of the company's stock can again reach its lifetime high of $65 in the future. Apart from this, the company offers a very good dividend of 7% to its investors.
What is Enbridge stock price prediction for 2025 ?
According to our analysis, in the year 2025, the average price of Enbridge stock can reach $55 and maximum price $62, considering the past performance of the stock.
What is Enbridge stock price prediction for 2030 ?
If we talk about Enbridge stock price prediction 2030, then according to market experts, in the year 2030, the average price of Enbridge stock can reach $100 and maximum price $115.
Disclaimer:- The information given in this article is for your knowledge. We do not recommend buying any stock from our side. Investing money in the stock market is very risky, so never invest your hard-earned money in the stock market just by looking at someone or being misled by someone. Before buying any stock, do complete research on that company and the past performance of the stock, or take advice from your financial advisor.