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Enbridge: Now Back To A 'Buy' (Rating Upgrade)

Source: seekingalpha.com

Company FundamentalsAnalyst InsightsCredit & Bond MarketsInfrastructure & Defense
Enbridge: Now Back To A 'Buy' (Rating Upgrade)

Enbridge has sharply sold off since the author's March 'Hold' rating, but its CAD 41 billion secured capital backlog is cited as a driver of continued business growth. The company has a BBB+ S&P credit rating with a stable outlook; the article provides no selloff magnitude.

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