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Enbridge - ENB Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $55.20
  • Forecasted Upside: 58.17%
  • Number of Analysts: 11
  • Breakdown:
  • 2 Sell Ratings
  • 6 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$34.90 As of 04/19/2024 01:00 AM ET
▲ +1 (2.95%)

This chart shows the closing price for ENB by one month, three months, or twelve months.

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Analyst Price Target for ENB

Analyst Price Target is $55.20
▲ +58.17% Upside Potential
This price target is based on 11 analysts offering 12 month price targets for Enbridge in the last 3 months. The average price target is $55.20, with a high forecast of $64.00 and a low forecast of $48.00. The average price target represents a 58.17% upside from the last price of $34.90.

This chart shows the closing price for ENB for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 11 contributing investment analysts is to hold stock in Enbridge. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 2 sell ratings
Ratings as of
10/28/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 2 sell ratings
Ratings as of
1/26/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 2 sell ratings
Ratings as of
4/26/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 2 sell ratings
Ratings as of
7/25/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 2 sell ratings
Ratings as of
10/23/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 2 sell ratings
Ratings as of
1/21/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 2 sell ratings
Ratings as of
3/21/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 2 sell ratings
Ratings as of
4/20/2024

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 2 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/27/2024Jefferies Financial GroupInitiated CoverageBuyLow
1/18/2024Stifel NicolausInitiated CoverageHoldLow
11/6/2023Royal Bank of CanadaLower TargetOutperform ➝ Outperform$60.00 ➝ $55.00Low
10/25/2023Wells Fargo & CompanyDowngradeEqual Weight ➝ UnderweightLow
10/18/2023BarclaysLower TargetEqual Weight ➝ Equal Weight$54.00 ➝ $48.00Low
10/17/2023Wolfe ResearchDowngradePeer Perform ➝ UnderperformLow
10/12/2023Royal Bank of CanadaReiterated RatingOutperform ➝ Outperform$60.00Low
9/13/2023Credit Suisse GroupLower TargetNeutral ➝ Neutral$52.00 ➝ $51.00Low
9/11/2023National Bank FinancialInitiated CoverageSector PerformLow
9/11/2023CIBCBoost TargetOutperformer ➝ Outperformer$63.00 ➝ $64.00Low
9/11/2023ScotiabankInitiated CoverageSector PerformLow
9/8/2023BMO Capital MarketsInitiated CoverageMarket PerformLow
9/6/2023Wells Fargo & CompanyDowngradeOverweight ➝ Equal WeightLow
8/8/2023TD SecuritiesLower TargetBuy ➝ Buy$62.00 ➝ $58.00Low
8/7/2023Royal Bank of CanadaLower TargetOutperform ➝ Outperform$65.00 ➝ $60.00Low
3/29/2023Credit Suisse GroupUpgradeUnderperform ➝ NeutralLow
2/8/2023Credit Suisse GroupDowngradeNeutral ➝ UnderperformLow
1/27/2023National Bank FinancialBoost TargetC$54.00 ➝ C$56.00Low
1/24/2023BMO Capital MarketsDowngradeOutperform ➝ Market PerformLow
12/9/2022Credit Suisse GroupLower TargetC$54.00 ➝ C$52.00Low
11/7/2022National Bank FinancialDowngradeOutperform ➝ Sector PerformLow
10/20/2022ScotiabankLower TargetC$62.00 ➝ C$56.00Low
10/19/2022Morgan StanleyLower TargetC$67.00 ➝ C$64.00Low
9/12/2022Raymond JamesUpgradeMarket Perform ➝ OutperformLow
8/3/2022Industrial Alliance SecuritiesUpgradeHold ➝ BuyC$60.00Low
8/2/2022Raymond JamesBoost TargetC$55.00 ➝ C$57.00Low
8/2/2022National Bank FinancialBoost TargetC$60.00 ➝ C$61.00Low
7/26/2022US Capital AdvisorsDowngradeOverweight ➝ HoldLow
6/1/2022US Capital AdvisorsReiterated RatingOverweightLow
5/9/2022National Bank FinancialBoost TargetC$57.00 ➝ C$60.00Low
5/9/2022Royal Bank of CanadaBoost TargetC$60.00 ➝ C$65.00Low
5/9/2022TD SecuritiesBoost TargetC$61.00 ➝ C$62.00Low
4/26/2022Morgan StanleyBoost TargetC$60.00 ➝ C$67.00Low
4/19/2022ScotiabankBoost TargetC$58.00 ➝ C$62.00Low
2/14/2022BMO Capital MarketsBoost TargetC$57.00 ➝ C$59.00Medium
2/14/2022National Bank FinancialBoost TargetC$56.00 ➝ C$57.00Medium
2/14/2022CIBCBoost TargetC$57.00 ➝ C$58.00Medium
2/14/2022TD SecuritiesBoost TargetC$57.00 ➝ C$59.00Low
2/14/2022Raymond JamesBoost TargetMarket PerformC$53.00 ➝ C$54.50Low
2/14/2022ScotiabankDowngradeSector Outperform ➝ Sector PerformHigh
1/26/2022National Bank FinancialBoost TargetC$54.00 ➝ C$56.00Low
1/11/2022CIBCBoost TargetC$55.00 ➝ C$57.00Low
1/7/2022Morgan StanleyDowngradeOverweight ➝ Equal Weight$60.00Medium
12/22/2021Raymond JamesInitiated CoverageMarket PerformLow
11/29/2021Royal Bank of CanadaLower TargetOutperformC$61.00 ➝ C$60.00Low
11/8/2021National Bank FinancialBoost TargetOutperformC$51.00 ➝ C$54.00High
11/8/2021TD SecuritiesBoost TargetBuyC$55.00 ➝ C$57.00High
11/8/2021Royal Bank of CanadaBoost TargetOutperformC$57.00 ➝ C$61.00Medium
11/5/2021Tudor PickeringReiterated RatingBuyC$54.00High
10/25/2021Credit Suisse GroupDowngradeOutperform ➝ Neutral$56.00Low
9/30/2021Tudor PickeringReiterated RatingBuyC$54.00Low
9/29/2021Wells Fargo & CompanyBoost TargetOverweight$53.00 ➝ $56.00Low
9/13/2021The Goldman Sachs GroupBoost TargetAverage ➝ NeutralC$41.00 ➝ C$43.00Low
9/8/2021BMO Capital MarketsBoost TargetOutperformC$55.00 ➝ C$57.00Low
9/8/2021CIBCBoost TargetOutperformC$57.00 ➝ C$58.00Low
9/8/2021TD SecuritiesBoost TargetBuyC$54.00 ➝ C$55.00Low
9/8/2021Royal Bank of CanadaBoost TargetOutperformC$56.00 ➝ C$57.00Low
8/2/2021BMO Capital MarketsBoost TargetOutperformC$52.00 ➝ C$55.00Low
8/2/2021Royal Bank of CanadaBoost TargetOutperformC$52.00 ➝ C$56.00Low
7/20/2021BarclaysDowngradeOverweight ➝ Equal Weight$50.00Low
7/8/2021ScotiabankBoost TargetOutperformC$54.00 ➝ C$55.00Low
6/30/2021The Goldman Sachs GroupUpgradeSell ➝ Neutral$35.00 ➝ $41.00Low
6/24/2021Wells Fargo & CompanyBoost TargetOverweight$51.00 ➝ $53.00Low
6/18/2021CIBCBoost TargetOutperformC$52.00 ➝ C$57.00Low
6/17/2021Credit Suisse GroupUpgradeNeutral ➝ Outperform$52.00 ➝ $55.00Low
6/11/2021Tudor PickeringReiterated RatingBuyC$52.00Low
5/25/2021ArgusBoost TargetBuy$40.00 ➝ $43.00Medium
5/17/2021Wells Fargo & CompanyBoost TargetOverweight$50.00 ➝ $51.00Low
5/11/2021Wells Fargo & CompanyBoost TargetOverweight$50.00 ➝ $51.00Low
2/16/2021Stifel NicolausLower TargetBuy$58.00 ➝ $57.00Low
2/16/2021TD SecuritiesBoost TargetBuy$53.00 ➝ $54.00Low
2/16/2021CIBCLower TargetOutperform$53.00 ➝ $52.00Low
1/29/2021Credit Suisse GroupBoost TargetNeutral$48.00 ➝ $50.00Low
1/27/2021National Bank FinancialReiterated RatingOutperformMedium
1/13/2021CIBCBoost TargetOutperform$47.00 ➝ $53.00Medium
12/9/2020CIBCLower TargetOutperform$48.00 ➝ $47.00Low
11/30/2020Wells Fargo & CompanyUpgradeEqual Weight ➝ Overweight$44.00 ➝ $46.00High
11/9/2020Royal Bank of CanadaLower TargetOutperform$58.00 ➝ $52.00Low
11/9/2020Stifel NicolausLower TargetBuy$61.00 ➝ $59.00Low
11/9/2020TD SecuritiesLower TargetBuy$57.00 ➝ $53.00Low
8/13/2020CitigroupUpgradeNeutral ➝ Buy$50.00Medium
7/30/2020Raymond JamesReiterated RatingBuy$55.00Medium
7/30/2020CIBCBoost TargetOutperform$47.00 ➝ $48.00Low
7/30/2020Royal Bank of CanadaLower TargetOutperform$61.00 ➝ $58.00Medium
7/28/2020Tudor PickeringReiterated RatingBuy$50.00Medium
7/22/2020Wells Fargo & CompanyDowngradeOverweight ➝ Equal Weight$51.00Medium
7/15/2020Morgan StanleyUpgradeEqual Weight ➝ Overweight$49.00 ➝ $54.00Low
7/9/2020Raymond JamesInitiated CoverageOutperform$55.00High
7/7/2020CIBCLower TargetOutperform$48.00 ➝ $47.00High
6/26/2020Credit Suisse GroupReiterated RatingHold$48.00Low
6/4/2020CIBCLower TargetOutperform$49.00 ➝ $48.00Low
5/8/2020CIBCBoost TargetOutperform$47.00 ➝ $49.00Low
5/8/2020Stifel NicolausBoost TargetBuy$60.00 ➝ $61.00Low
5/5/2020Tudor PickeringReiterated RatingBuyLow
4/14/2020Wells Fargo & CompanyReiterated RatingBuyMedium
4/8/2020JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$56.00Low
4/3/2020UBS GroupLower TargetBuy$51.00 ➝ $50.00Low
4/1/2020Industrial Alliance SecuritiesInitiated CoverageBuy$55.00Medium
3/25/2020BarclaysUpgradeBuy$49.00High
3/24/2020Jefferies Financial GroupUpgradeHold ➝ Buy$54.00High
3/16/2020Tudor PickeringUpgradeHold ➝ BuyMedium
3/13/2020US Capital AdvisorsUpgradeHold ➝ BuyHigh
2/24/2020JPMorgan Chase & Co.Boost TargetNeutral$56.00 ➝ $57.00Low
2/23/2020The Goldman Sachs GroupDowngradeNeutral ➝ Sell$52.00 ➝ $51.00Medium
2/18/2020Wells Fargo & CompanyBoost TargetOverweight$56.00 ➝ $63.00Low
1/14/2020BarclaysBoost TargetEqual Weight$51.00 ➝ $55.00Low
1/7/2020US Capital AdvisorsDowngradeOverweight ➝ HoldLow
1/6/2020Morgan StanleyInitiated CoverageEqual Weight$50.00Low
12/21/2019Royal Bank of CanadaSet TargetOutperform$56.00Low
12/18/2019Bank of AmericaInitiated CoverageBuy$45.00Medium
12/11/2019CIBCReiterated RatingBuy$56.00Low
12/5/2019Jefferies Financial GroupInitiated CoverageHold$54.00Low
12/4/2019ArgusInitiated CoverageBuy$44.00Medium
11/25/2019UBS GroupUpgradeNeutral ➝ Buy$50.00 ➝ $54.00Low
11/12/2019Evercore ISIReiterated RatingHold$48.00High
10/25/2019US Capital AdvisorsReiterated RatingOverweightLow
10/23/2019CIBCLower Target$57.00 ➝ $56.00Low
10/15/2019BarclaysDowngradeOverweight ➝ Equal Weight$52.00 ➝ $51.00Medium
10/10/2019ScotiabankUpgradeSector Perform ➝ OutperformMedium
7/18/2019The Goldman Sachs GroupInitiated CoverageNeutral ➝ NeutralLow
7/2/2019Bank of AmericaDowngradeBuy ➝ Neutral$49.00Low
6/13/2019Wolfe ResearchDowngradeOutperform ➝ Peer Perform$37.00Low
4/25/2019Credit Suisse GroupDowngradeOutperform ➝ NeutralLow
(Data available from 4/20/2019 forward)

News Sentiment Rating

0.81 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 24 very positive mentions
  • 31 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Mentions as of
9/23/2023
  • 18 very positive mentions
  • 34 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
Mentions as of
10/23/2023
  • 16 very positive mentions
  • 29 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/22/2023
  • 25 very positive mentions
  • 24 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/22/2023
  • 22 very positive mentions
  • 16 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
1/21/2024
  • 32 very positive mentions
  • 26 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
2/20/2024
  • 39 very positive mentions
  • 29 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Mentions as of
3/21/2024
  • 40 very positive mentions
  • 27 positive mentions
  • 4 negative mentions
  • 1 very negative mentions
Mentions as of
4/20/2024

Current Sentiment

  • 40 very positive mentions
  • 27 positive mentions
  • 4 negative mentions
  • 1 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Enbridge logo
Enbridge Inc., together with its subsidiaries, operates as an energy infrastructure company. The company operates through five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. The Liquids Pipelines segment operates pipelines and related terminals to transport various grades of crude oil and other liquid hydrocarbons in Canada and the United States. The Gas Transmission and Midstream segment invests in natural gas pipelines and gathering and processing facilities in Canada and the United States. The Gas Distribution and Storage segment is involved in natural gas utility operations serving residential, commercial, and industrial customers in Ontario, as well as natural gas distribution activities in Quebec. The Renewable Power Generation segment operates power generating assets, such as wind, solar, geothermal, waste heat recovery, and transmission assets in North America. The Energy Services segment provides physical commodity marketing and logistical services to refiners, producers, and other customers in Canada and the United States. The company was formerly known as IPL Energy Inc. and changed its name to Enbridge Inc. in October 1998. Enbridge Inc. was founded in 1949 and is headquartered in Calgary, Canada.
Read More

Today's Range

Now: $34.90
Low: $33.92
High: $34.92

50 Day Range

MA: $35.04
Low: $32.97
High: $36.18

52 Week Range

Now: $34.90
Low: $31.03
High: $40.30

Volume

10,628,056 shs

Average Volume

5,528,293 shs

Market Capitalization

$74.20 billion

P/E Ratio

16.62

Dividend Yield

8.22%

Beta

0.84

Frequently Asked Questions

What sell-side analysts currently cover shares of Enbridge?

The following Wall Street sell-side analysts have issued research reports on Enbridge in the last twelve months: Barclays PLC, BMO Capital Markets, CIBC, Credit Suisse Group AG, Jefferies Financial Group Inc., National Bank Financial, Royal Bank of Canada, Scotiabank, Stifel Nicolaus, StockNews.com, TD Securities, Wells Fargo & Company, and Wolfe Research.
View the latest analyst ratings for ENB.

What is the current price target for Enbridge?

5 Wall Street analysts have set twelve-month price targets for Enbridge in the last year. Their average twelve-month price target is $55.20, suggesting a possible upside of 58.2%. CIBC has the highest price target set, predicting ENB will reach $64.00 in the next twelve months. Barclays PLC has the lowest price target set, forecasting a price of $48.00 for Enbridge in the next year.
View the latest price targets for ENB.

What is the current consensus analyst rating for Enbridge?

Enbridge currently has 2 sell ratings, 6 hold ratings and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in ENB, but not buy more shares or sell existing shares.
View the latest ratings for ENB.

What other companies compete with Enbridge?

Other companies that are similar to Enbridge include Mplx, Phillips 66, Schlumberger, Marathon Petroleum and EOG Resources. Learn More about companies similar to Enbridge.

How do I contact Enbridge's investor relations team?

Enbridge's physical mailing address is 200 Fifth Avenue Place 425 1st Street S.W., CALGARY A0, T2P 3L8. The pipeline company's listed phone number is (403) 231-3900 and its investor relations email address is [email protected]. The official website for Enbridge is www.enbridge.com. Learn More about contacing Enbridge investor relations.