Enbridge (ENB) Stock Forecast & Price Target

C$62.74 -0.25 (-0.40%)

As of 04:20 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 11 Analyst Ratings

Sell
0

Hold
8

Buy
3

Based on 11 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 11 analysts, 8 have given a hold rating, and 3 have given a buy rating for ENB.

Consensus Price Target

C$61.33
-2.24% Downside

According to the 11 analysts' twelve-month price targets for Enbridge, the average price target is C$61.33. The highest price target for ENB is C$69.00, while the lowest price target for ENB is C$51.00. The average price target represents a forecasted downside of -2.24% from the current price of C$62.74.

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 1/11/24 to 1/10/25	1 Month Ago 12/12/23 to 12/11/24	3 Months Ago 10/13/23 to 10/12/24	1 Year Ago 1/11/23 to 1/11/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	3 Buy rating(s)	3 Buy rating(s)	4 Buy rating(s)	5 Buy rating(s)
Hold	8 Hold rating(s)	8 Hold rating(s)	6 Hold rating(s)	5 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	C$61.33	C$60.31	C$55.25	C$53.40
Forecasted Upside	-2.24% Downside	0.56% Upside	-2.32% Downside	8.80% 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	Energy Companies
Consensus Rating Score	2.27	2.82
Consensus Rating	Hold	Moderate Buy
News Sentiment Rating	Positive News See Recent ENB 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
1/9/2025	CIBC 3 of 5 stars		Boost Target	Outperform	C$63.00 ➝ C$66.00	+4.71%
1/6/2025	Barclays 3 of 5 stars		Boost Target		C$59.00 ➝ C$64.00	+3.61%
12/5/2024	JPMorgan Chase & Co. 3 of 5 stars		Boost Target		C$66.00 ➝ C$69.00	+11.36%
12/5/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	P. Satish Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		C$57.00 ➝ C$60.00	-3.16%
12/4/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$59.00 ➝ C$60.00	-1.96%
12/4/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$59.00 ➝ C$63.00	+2.94%
Get the Latest News and Ratings for ENB and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Enbridge and its competitors with MarketBeat's FREE daily newsletter.
12/4/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating	R. Hope Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		C$57.00 ➝ C$61.00	-0.33%
11/26/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$59.00 ➝ C$63.00	+5.28%
10/25/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Set Target	Equal Weight	C$64.00	+12.56%
9/30/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	C$55.00 ➝ C$58.00	+6.09%
8/23/2024	National Bankshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sector Perform	C$53.00 ➝ C$57.00	+6.44%
4/25/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold	C$52.00 ➝ C$51.00	+3.66%
1/5/2024	ATB Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Set Target	Outperform	C$56.00	+14.24%
9/13/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$52.00 ➝ C$51.00	+9.70%
9/13/2023	CSFB Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral	C$52.00 ➝ C$51.00	+9.96%
9/12/2023	National Bank Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$55.00 ➝ C$53.00	+15.27%
8/8/2023	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	C$62.00 ➝ C$58.00	+20.28%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 05:02 PM 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 Friday, December 27, 2024. 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. recently reached a new 52-week high, trading at C$60.07, indicating strong market performance and investor confidence.
The company has a solid dividend yield of 6.27%, with a recent quarterly dividend increase to $0.9425, which can provide a steady income stream for investors.
Analysts have shown positive sentiment, with several raising their price targets, including Morgan Stanley setting a target of C$64.00, suggesting potential for further price appreciation.
Enbridge Inc. operates in diverse segments such as Liquids Pipelines and Renewable Power Generation, which can help mitigate risks associated with market fluctuations in any single sector.
The company maintains a market capitalization of C$131.00 billion, indicating a strong position in the energy infrastructure sector, which can be attractive for long-term investors.

Enbridge
Bear Case

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

The company's high debt-to-equity ratio of 131.26 suggests significant leverage, which can increase financial risk, especially in volatile market conditions.
Enbridge Inc. has a relatively high dividend payout ratio of 140.77%, indicating that it pays out more in dividends than it earns, which may not be sustainable in the long term.
Despite recent price increases, the stock has been rated with a consensus of "Hold" by analysts, indicating that there may not be strong buy signals at this time.
Insider selling activity, such as recent sales by senior officers, could signal a lack of confidence in the company's future performance.
The current economic environment and potential regulatory changes in the energy sector could pose risks to the company's operations and profitability.

ENB Forecast - Frequently Asked Questions

: According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for Enbridge is C$61.33, with a high forecast of C$69.00 and a low forecast of C$51.00.
: 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Enbridge in the last year. There are currently 8 hold ratings and 3 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 downside of -2.24% based on their 12-month stock forecasts.
: Over the previous 90 days, Enbridge's stock had 1 upgrade by analysts.
: Enbridge has been rated by research analysts at Barclays, BMO Capital Markets, CIBC, JPMorgan Chase & Co., Morgan Stanley, Raymond James, Royal Bank of Canada, Scotiabank, and Wells Fargo & Company in the past 90 days.
: Analysts like Enbridge less than other "energy" companies. The consensus rating for Enbridge is Hold while the average consensus rating for "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 (TSE:ENB) was last updated on 1/10/2025 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