Brokerages Set Enbridge Inc. (TSE:ENB) Target Price at C$73.31

Enbridge Inc. (TSE:ENB) (NYSE:ENB) has been assigned a consensus rating of “Moderate Buy” from the twelve analysts that are covering the stock, MarketBeat reports. Six analysts have rated the stock with a hold recommendation, five have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is C$73.31.

A number of research analysts have commented on the stock. Jefferies Financial Group lowered shares of Enbridge from a “buy” rating to a “hold” rating and lifted their price objective for the company from C$71.00 to C$76.00 in a research note on Tuesday, February 17th. National Bank Financial raised their price target on Enbridge from C$71.00 to C$72.00 and gave the stock a “sector perform” rating in a report on Tuesday, February 17th. ATB Cormark Capital Markets boosted their price target on Enbridge from C$72.00 to C$78.00 and gave the company an “outperform” rating in a research report on Tuesday, February 17th. BMO Capital Markets upped their price objective on Enbridge from C$67.00 to C$70.00 in a research note on Thursday, December 4th. Finally, Scotiabank increased their price objective on Enbridge from C$73.00 to C$77.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 17th.

Enbridge News Roundup

Here are the key news stories impacting Enbridge this week:

• Positive Sentiment: Zacks upgraded Enbridge to a #2 (Buy), signaling growing optimism about the company’s earnings outlook — a catalyst that often attracts additional buying interest. Enbridge (ENB) Upgraded to Buy: Here’s What You Should Know
• Positive Sentiment: US Capital Advisors raised several Enbridge EPS forecasts (notably FY2026 from $2.93 to $3.02 and FY2027 from $3.00 to $3.15) and lifted certain quarterly estimates, improving near‑term earnings expectations and supporting valuation. ENB analyst note (MarketBeat)
• Positive Sentiment: Enbridge highlighted that Canadian crude re‑exports from the U.S. Gulf Coast are set to surge as pipeline projects ramp — a demand/throughput story that could lift volumes and fee‑based revenue over time. Canadian crude re-exports from Gulf Coast set to surge with pipeline projects, Enbridge says
• Neutral Sentiment: US Capital Advisors published a wide set of forward quarterly estimates (Q1–Q4 2026, Q1–Q4 2027, FY2028) that provide a refreshed modelling framework for investors but largely reflect modest, incremental changes rather than a major directional shift. ENB analyst note (MarketBeat)
• Negative Sentiment: One small downward revision: US Capital Advisors trimmed Q2 2026 EPS from $0.61 to $0.60, a minor near‑term drag though far outweighed by other upward revisions. ENB analyst note (MarketBeat)

Enbridge Stock Performance

Shares of Enbridge stock opened at C$75.29 on Monday. The firm’s fifty day simple moving average is C$70.46 and its 200-day simple moving average is C$67.94. The stock has a market capitalization of C$164.31 billion, a price-to-earnings ratio of 23.38, a PEG ratio of 1.72 and a beta of 1.00. Enbridge has a 12 month low of C$56.51 and a 12 month high of C$75.72. The company has a debt-to-equity ratio of 170.86, a current ratio of 0.63 and a quick ratio of 0.44.

Enbridge (TSE:ENB) (NYSE:ENB) last released its quarterly earnings results on Friday, February 13th. The company reported C$0.88 EPS for the quarter. The firm had revenue of C$17.18 billion during the quarter. Enbridge had a net margin of 11.50% and a return on equity of 12.34%. As a group, equities analysts forecast that Enbridge will post 3.511912 earnings per share for the current year.

Enbridge Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Sunday, March 1st. Stockholders of record on Sunday, March 1st were paid a dividend of $0.97 per share. This represents a $3.88 annualized dividend and a dividend yield of 5.2%. This is a boost from Enbridge’s previous quarterly dividend of $0.94. The ex-dividend date was Tuesday, February 17th. Enbridge’s dividend payout ratio (DPR) is currently 117.08%.

Enbridge Company Profile

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.