Enbridge (ENB) Stock Forecast & Price Target

$42.68 -0.05 (-0.12%)

Closing price 03/3/2025 03:59 PM Eastern

Extended Trading

$42.74 +0.05 (+0.13%)

As of 03/3/2025 07:59 PM Eastern

Enbridge - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold

Based on 5 Analyst Ratings

Sell
0

Hold
3

Buy
2

Based on 5 Wall Street analysts who have issued ratings for Enbridge in the last 12 months, the stock has a consensus rating of "Hold." Out of the 5 analysts, 3 have given a hold rating, and 2 have given a buy rating for ENB.

Consensus Price Target

$67.00
56.98% Upside

According to the 5 analysts' twelve-month price targets for Enbridge, the average price target is $67.00. The highest price target for ENB is $67.00, while the lowest price target for ENB is $67.00. The average price target represents a forecasted upside of 56.98% from the current price of $42.68.

Get the Latest News and Ratings for ENB and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Enbridge and its competitors.

ENB Analyst Ratings Over Time

Type	Current Forecast 3/4/24 to 3/4/25	1 Month Ago 2/3/24 to 2/2/25	3 Months Ago 12/5/23 to 12/4/24	1 Year Ago 3/5/23 to 3/4/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	2 Buy rating(s)	2 Buy rating(s)	1 Buy rating(s)	3 Buy rating(s)
Hold	3 Hold rating(s)	3 Hold rating(s)	4 Hold rating(s)	6 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	2 Sell rating(s)
Consensus Price Target	$67.00	$63.00	$63.00	$55.20
Forecasted Upside	56.98% Upside	45.53% Upside	44.33% Upside	58.96% Upside
Consensus Rating	Hold	Hold	Hold	Hold

ENB Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

ENB Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Enbridge Stock vs. The Competition

Type	Enbridge	Oils/Energy Companies	S&P 500
Consensus Rating Score	2.40	2.62	2.53
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	56.98% Upside	3,544.83% Upside	16.01% Upside
News Sentiment Rating	Positive News See Recent ENB News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
2/18/2025	Royal Bank of Canada 4 of 5 stars	Maurice Choy Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$63.00 ➝ $67.00	+56.90%
1/15/2025	TD Securities 4 of 5 stars	A. Macneil Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy
11/6/2024	Wells Fargo & Company 4 of 5 stars	M. Blum Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Underweight ➝ Equal Weight
10/25/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Equal Weight
9/30/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
1/18/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold
10/18/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$54.00 ➝ $48.00	+47.28%
10/17/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Peer Perform ➝ Underperform
9/13/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$52.00 ➝ $51.00	+45.92%
9/11/2023	National Bank Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Sector Perform
9/11/2023	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperformer ➝ Outperformer	$63.00 ➝ $64.00	+88.85%
9/11/2023	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Sector Perform
9/8/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Market Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 02:21 AM ET.

Should I Buy Enbridge Stock? ENB Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, March 2, 2025. Please send any questions or comments about these Enbridge pros and cons to contact@marketbeat.com.

Enbridge
Bull Case

Here are some ways that investors could benefit from investing in Enbridge Inc.:

Enbridge Inc. has recently shown strong financial performance, reporting a quarterly earnings per share (EPS) of $0.75, which exceeded analysts' expectations by $0.23. This indicates robust profitability and effective management.
The company has a market capitalization of approximately $93.11 billion, reflecting its significant size and stability in the energy sector, which can be appealing to investors seeking established companies.
Enbridge Inc. has received positive ratings from analysts, with a recent upgrade from Royal Bank of Canada raising the price target to $67.00, suggesting potential for stock appreciation.
Current trading at $42.73, the stock price is positioned well within its 52-week range, indicating a potential opportunity for investors looking to buy at a reasonable price compared to its historical performance.
Institutional ownership stands at 54.60%, which often indicates confidence from large investors in the company's future prospects, providing a level of reassurance for individual investors.

Enbridge
Bear Case

Investors should be bearish about investing in Enbridge Inc. for these reasons:

The company has a relatively high price-to-earnings (P/E) ratio of 24.84, which may suggest that the stock is overvalued compared to its earnings, potentially limiting future price appreciation.
Enbridge Inc. has a debt-to-equity ratio of 1.50, indicating a higher level of debt relative to equity, which could pose risks in times of economic downturns or rising interest rates.
Despite recent positive earnings, the company has a price-to-earnings growth (P/E/G) ratio of 3.92, which may indicate that the stock is expensive relative to its growth rate, making it less attractive for growth-focused investors.
The stock has experienced volatility, with a 52-week low of $32.85 and a high of $45.78, suggesting that investors may face risks associated with price fluctuations.
Recent trading volumes have been inconsistent, with average volumes around 4.4 million shares, which could indicate lower liquidity and potential challenges in executing large trades without impacting the stock price.

ENB Forecast - Frequently Asked Questions

: According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for Enbridge is $67.00, with a high forecast of $67.00 and a low forecast of $67.00.
: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Enbridge in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ENB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ENB, but not buy additional shares or sell existing shares.
: According to analysts, Enbridge's stock has a predicted upside of 56.98% based on their 12-month stock forecasts.
: Enbridge has been rated by research analysts at Royal Bank of Canada, and TD Securities in the past 90 days.
: Analysts like Enbridge less than other "oils/energy" companies. The consensus rating for Enbridge is Hold while the average consensus rating for "oils/energy" companies is Moderate Buy. Learn more on how ENB compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Ratings

Top-Rated Stocks

More Ratings Tools

This page (NYSE:ENB) was last updated on 3/4/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Enbridge (ENB) Stock Forecast & Price Target