Currently trading at around 20 P/E, at around 18 (2400p) or 15 (2000p) would be a very good opportunity
Dividend yield of around 2.7% provides a very stable opportunity considering how safe and well run this business is
Scenario 1 - Follow the flag pattern, resort to trendline @ 2400 levels + potentially venture lower? (In which case the lower we go...
Interesting cheap stock outlook
Foward looking p/e ratio of 16.28
One of the highest dividend yields of 12.80%
Barclays, Credit Suisse etc. expecting to see ENLC reach $1 and our forecast is in line with this
Lets see how this plays out
Further dollar weakness ahead - potentially to around 88 or even further down. (Elections coming up, Trump desires weak dollar, economic instability etc.)
Targets lie at the $0.14/$0.15 level around a 60% increase - simple trade hence the use of the drawings
P.S check out the newsBTC article regarding an analysts view on stellar and...