Enbridge Inc. (TSE:ENB) Receives C$76.00 Consensus Price Target from Analysts

Shares of Enbridge Inc. (TSE:ENB) (NYSE:ENB) have earned a consensus rating of “Hold” from the twelve brokerages that are presently covering the company, MarketBeat.com reports. Eight equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is C$76.00.

ENB has been the topic of a number of recent research reports. Scotiabank increased their target price on Enbridge from C$78.00 to C$84.00 and gave the stock a “sector outperform” rating in a report on Tuesday, July 21st. Royal Bank Of Canada boosted their price target on shares of Enbridge from C$76.00 to C$79.00 and gave the company an “outperform” rating in a research note on Monday, May 11th. US Capital Advisors upgraded shares of Enbridge from a “hold” rating to a “moderate buy” rating in a research note on Thursday. National Bank Financial upped their price objective on shares of Enbridge from C$73.00 to C$81.00 and gave the stock a “sector perform” rating in a report on Monday, June 1st. Finally, Raymond James Financial lowered shares of Enbridge from a “moderate buy” rating to a “hold” rating in a research note on Friday, July 31st.

Enbridge News Roundup

Here are the key news stories impacting Enbridge this week:

• Positive Sentiment: US Capital Advisors upgraded Enbridge from “hold” to “moderate buy,” providing a positive near-term sentiment signal for ENB. Zacks.com
• Positive Sentiment: US Capital Advisors raised its Enbridge EPS forecasts across several periods: Q3 2026 to $0.60 from $0.56, Q1 2027 to $1.09 from $1.05, Q2 2027 to $0.67 from $0.61, Q3 2027 to $0.64 from $0.58, and Q4 2027 to $0.95 from $0.91. The firm also increased its FY2027 estimate to $3.35 from $3.15, suggesting improved expectations for the company’s earnings outlook. MarketBeat Enbridge analyst estimates
• Neutral Sentiment: Despite the upgrade, the broader analyst consensus remains “hold,” with consensus full-year EPS estimated at $3.51. This indicates that the improved forecast from US Capital Advisors has not yet translated into a broadly bullish view. Enbridge consensus hold recommendation
• Negative Sentiment: Recent commentary has highlighted a preference for another dividend stock over Enbridge, potentially weighing on investor sentiment toward the income-focused shares. I Keep Passing on Enbridge for This Dividend Stock Instead

Enbridge Stock Down 1.3%

Shares of TSE:ENB opened at C$69.54 on Thursday. The business’s 50 day simple moving average is C$76.20 and its two-hundred day simple moving average is C$74.81. The firm has a market cap of C$151.88 billion, a P/E ratio of 26.85, a PEG ratio of 1.72 and a beta of 0.74. The company has a debt-to-equity ratio of 171.59, a quick ratio of 0.44 and a current ratio of 0.72. Enbridge has a 52-week low of C$62.42 and a 52-week high of C$80.65.

Enbridge (TSE:ENB) (NYSE:ENB) last announced its quarterly earnings data on Friday, July 31st. The company reported C$0.63 EPS for the quarter. The firm had revenue of C$29.32 billion during the quarter. Enbridge had a return on equity of 10.01% and a net margin of 7.28%. As a group, research analysts forecast that Enbridge will post 3.511912 EPS for the current fiscal year.

Enbridge Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, September 1st will be issued a $0.97 dividend. This represents a $3.88 dividend on an annualized basis and a dividend yield of 5.6%. The ex-dividend date is Friday, August 14th. Enbridge’s dividend payout ratio is currently 147.68%.

About Enbridge

At Enbridge, we safely connect millions of people to the energy they rely on every day, fueling quality of life through our North American natural gas, oil and renewable power networks and our growing European offshore wind portfolio. We’re investing in modern energy delivery infrastructure to sustain access to secure, affordable energy and building on more than a century of operating conventional energy infrastructure and two decades of experience in renewable power. We’re advancing new technologies including hydrogen, renewable natural gas, and carbon capture and storage.