The Globe and Mail reports in its Thursday, July 24, edition that Jefferies analyst Sam Burwell has elevated his recommendation for Enbridge to "buy" from "hold." The Globe's Darcy Keith writes in the Eye On Equities column that Mr. Burwell elevated his share target to $72 from $65. Analysts on average target Enbridge shares at $65.95. Mr. Burwell says the company's wide asset base provides it with the opportunity to pursue diverse projects and supports confidence in the company's earnings before interest, taxes, depreciation and amortization growth potential. The Globe reported on Feb. 19 that RBC had reiterated its "outperform" recommendation for Enbridge, when it could be had for $60.64. The Globe reported on April 4 that Citi analyst Spiro Dounis began coverage on Enbridge with a "buy" recommendation. The shares could then be had for $61.74. The Globe reported on May 13 that Burkett Asset Management manager Kevin Burkett recommended buying Enbridge. It was then worth $62.12.