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Where Does Wall Street Think Enerplus Corp (ERF) Stock Will Go?

Monday, September 28, 2020 11:02 AM | InvestorsObserver Analysts

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Where Does Wall Street Think Enerplus Corp (ERF) Stock Will Go?

InvestorsObserver is giving Enerplus Corp (ERF) an Analyst Rating Rank of 60, meaning ERF is ranked higher by analysts than 60% of stocks. The average projection by analysts for ERF is $4.036 over the next 12 months and analyst’s classify the stock as a Strong Buy

Overall Score - 4.4
Wall Street analysts are rating ERF a Strong Buy today. Find out what this means to you and get the rest of the rankings on ERF!

Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers.

InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With Enerplus Corp Stock Today?

Enerplus Corp (ERF) stock is trading at $1.85 as of 10:54 AM on Monday, Sep 28, an increase of $0.07, or 3.65% from the previous closing price of $1.78. The stock has traded between $1.82 and $1.88 so far today. Volume today is light. So far 407,863 shares have traded compared to average volume of 1,112,355 shares.

Click Here to get the full report on Enerplus Corp (ERF) Stock.

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